PPP Loan information for Phelps garage, inc

$45,000

Phelps garage, inc was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 04/07/2020 by The The Farmers Bank of Appomattox reported 7 jobs and $45,000 was used to fund payroll.

Phelps garage, inc is Existing or more than 2 years old

PHELPS GARAGE, INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PHELPS GARAGE, INC

Borrower Address

1637 Confederate Blvd

Borrower City

APPOMATTOX

Borrower State

VA

Borrower Zip

24522-4026

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73072

Servicing Lender Name

The Farmers Bank of Appomattox

Servicing Lender Address

223 Main St

Servicing Lender City

APPOMATTOX

Servicing Lender State

VA

Servicing Lender Zip

24522-4108

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

APPOMATTOX

Project County Name

APPOMATTOX

Project State

VA

Project Zip

24522-4026

CD

VA-05

Jobs Reported

7

NAICS Code

488410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

35000.00

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

73072

Originating Lender

The Farmers Bank of Appomattox

Originating Lender City

APPOMATTOX

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

45308.22

Forgiveness Date

12/22/2020

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