PPP Loan information for Paul's repair shop, inc.

$108,700

Paul's repair shop, inc. was initially approved for PPP Loan of amount $108,700, the current approved amount is $108,700. The loan was approved on 04/27/2020 by The Legacy Bank reported 15 jobs and $108,700 was used to fund payroll.

Paul's repair shop, inc. is Existing or more than 2 years old

PAUL'S REPAIR SHOP, INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PAUL'S REPAIR SHOP, INC.

Borrower Address

32127 Riverside Drive

Borrower City

BIG ROCK

Borrower State

VA

Borrower Zip

24603-9998

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108700.00

Current Approval Amount

108700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73431

Servicing Lender Name

Legacy Bank

Servicing Lender Address

20957 Riverside Dr

Servicing Lender City

GRUNDY

Servicing Lender State

VA

Servicing Lender Zip

24614

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIG ROCK

Project County Name

BUCHANAN

Project State

VA

Project Zip

24603-9998

CD

VA-09

Jobs Reported

15

NAICS Code

333413

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

828.50

Payroll Proceed

107334.40

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

537.10

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73431

Originating Lender

Legacy Bank

Originating Lender City

GRUNDY

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

109492.17

Forgiveness Date

01/25/2021

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