PPP Loan information for Reynolds motor sports inc

$131,700

Reynolds motor sports inc was initially approved for PPP Loan of amount $131,700, the current approved amount is $131,700. The loan was approved on 04/29/2020 by The American National Bank and Trust Company reported 18 jobs and $131,700 was used to fund payroll.

Reynolds motor sports inc is Existing or more than 2 years old

PPP Loan Search / VA / DANVILLE / Reynolds motor sports inc

REYNOLDS MOTOR SPORTS INC

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

REYNOLDS MOTOR SPORTS INC

Borrower Address

2104 Riverside Drive

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24540

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131700.00

Current Approval Amount

131700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24540-0001

CD

VA-05

Jobs Reported

18

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2800.00

Payroll Proceed

106900.00

Mortgage Interest Proceed

0.00

Rent Proceed

22000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132867.01

Forgiveness Date

03/17/2021

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