PPP Loan information for Road 1 towing and recovery

$6,500

Road 1 towing and recovery was initially approved for PPP Loan of amount $6,500, the current approved amount is $6,500. The loan was approved on 05/15/2020 by The Wayne Bank and Trust Co. reported 2 jobs and $6,500 was used to fund payroll.

Road 1 towing and recovery is Existing or more than 2 years old

PPP Loan Search / IN / Cambridge City / Road 1 towing and recovery

ROAD 1 TOWING AND RECOVERY

Date Approved

05/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ROAD 1 TOWING AND RECOVERY

Borrower Address

12593 W US 40

Borrower City

Cambridge City

Borrower State

IN

Borrower Zip

47327

Loan Status Date

08/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6500.00

Current Approval Amount

6500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22992

Servicing Lender Name

Wayne Bank and Trust Co.

Servicing Lender Address

145 W Main St

Servicing Lender City

CAMBRIDGE CITY

Servicing Lender State

IN

Servicing Lender Zip

47327-1119

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cambridge City

Project County Name

WAYNE

Project State

IN

Project Zip

47327-0001

CD

IN-06

Jobs Reported

2

NAICS Code

488410

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6500.00

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

22992

Originating Lender

Wayne Bank and Trust Co.

Originating Lender City

CAMBRIDGE CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

6640.86

Forgiveness Date

07/18/2022

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