PPP Loan information for Powhatan tire & service inc

$65,000

Powhatan tire & service inc was initially approved for PPP Loan of amount $65,000, the current approved amount is $65,000. The loan was approved on 04/09/2020 by The New Horizon Bank, National Association reported 8 jobs and $65,000 was used to fund payroll.

Powhatan tire & service inc is Existing or more than 2 years old

POWHATAN TIRE & SERVICE INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POWHATAN TIRE & SERVICE INC

Borrower Address

2413 Anderson Highway

Borrower City

POWHATAN

Borrower State

VA

Borrower Zip

23139-7506

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

65000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

470277

Servicing Lender Name

New Horizon Bank, National Association

Servicing Lender Address

1870 Stoneridge Commerce Dr

Servicing Lender City

POWHATAN

Servicing Lender State

VA

Servicing Lender Zip

23139-6640

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POWHATAN

Project County Name

POWHATAN

Project State

VA

Project Zip

23139-7506

CD

VA-05

Jobs Reported

8

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56000.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

470277

Originating Lender

New Horizon Bank, National Association

Originating Lender City

POWHATAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

65650.00

Forgiveness Date

04/13/2021

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