PPP Loan information for Powell's truck & equipment

$478,789

Powell's truck & equipment was initially approved for PPP Loan of amount $478,789, the current approved amount is $478,789. The loan was approved on 04/06/2020 by The First National Bank reported 45 jobs and $478,789 was used to fund payroll.

Powell's truck & equipment is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Powell's truck & equipment

POWELL'S TRUCK & EQUIPMENT

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POWELL'S TRUCK & EQUIPMENT

Borrower Address

13260 Wards Road

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-7130

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

478789.00

Current Approval Amount

478789.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-7130

CD

VA-05

Jobs Reported

45

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50759.00

Payroll Proceed

383030.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

481901.13

Forgiveness Date

12/08/2020

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