PPP Loan information for R & m motors, inc.

$10,600

R & m motors, inc. was initially approved for PPP Loan of amount $10,600, the current approved amount is $10,600. The loan was approved on 04/10/2020 by The Miners Exchange Bank reported 2 jobs and $10,600 was used to fund payroll.

R & m motors, inc. is Existing or more than 2 years old

PPP Loan Search / VA / GLADE SPRING / R & m motors, inc.

R & M MOTORS, INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

R & M MOTORS, INC.

Borrower Address

P.O. BOX 156

Borrower City

GLADE SPRING

Borrower State

VA

Borrower Zip

24340

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10600.00

Current Approval Amount

10600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73174

Servicing Lender Name

Miners Exchange Bank

Servicing Lender Address

483 Front St

Servicing Lender City

COEBURN

Servicing Lender State

VA

Servicing Lender Zip

24230-3605

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLADE SPRING

Project County Name

WASHINGTON

Project State

VA

Project Zip

24340-0001

CD

VA-09

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10600.00

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

73174

Originating Lender

Miners Exchange Bank

Originating Lender City

COEBURN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10661.24

Forgiveness Date

11/05/2020

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