PPP Loan information for Peaks motors incorporated

$51,112

Peaks motors incorporated was initially approved for PPP Loan of amount $51,112, the current approved amount is $51,112. The loan was approved on 03/10/2021 by The Wells Fargo Bank, National Association reported 7 jobs and $51,112 was used to fund payroll.

Peaks motors incorporated is Existing or more than 2 years old

PEAKS MOTORS INCORPORATED

Date Approved

03/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PEAKS MOTORS INCORPORATED

Borrower Address

144 W Main St

Borrower City

Bedford

Borrower State

VA

Borrower Zip

24523-1949

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51112.00

Current Approval Amount

51112.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bedford

Project County Name

BEDFORD

Project State

VA

Project Zip

24523-1949

CD

VA-09

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

51110.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51737.95

Forgiveness Date

06/03/2022

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