PPP Loan information for Rhodes garage

$28,800

Rhodes garage was initially approved for PPP Loan of amount $28,800, the current approved amount is $28,800. The loan was approved on 04/10/2020 by The TowneBank reported 7 jobs and $28,800 was used to fund payroll.

Rhodes garage is Existing or more than 2 years old

RHODES GARAGE

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RHODES GARAGE

Borrower Address

27119 Spivey Town Rd.

Borrower City

WINDSOR

Borrower State

VA

Borrower Zip

23487-4867

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28800.00

Current Approval Amount

28800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINDSOR

Project County Name

ISLE OF WIGHT

Project State

VA

Project Zip

23487-4867

CD

VA-02

Jobs Reported

7

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7200.00

Payroll Proceed

21600.00

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

Sole Proprietorship

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29033.60

Forgiveness Date

02/04/2021

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