PPP Loan information for Scarce muffler shop inc

$19,247

Scarce muffler shop inc was initially approved for PPP Loan of amount $19,247, the current approved amount is $19,247. The loan was approved on 01/17/2021 by The First National Bank reported 4 jobs and $19,247 was used to fund payroll.

Scarce muffler shop inc is Existing or more than 2 years old

SCARCE MUFFLER SHOP INC

Date Approved

01/17/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SCARCE MUFFLER SHOP INC

Borrower Address

406 Piney Forest Rd

Borrower City

Danville

Borrower State

VA

Borrower Zip

24540-4002

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19247.40

Current Approval Amount

19247.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

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

24540-4002

CD

VA-05

Jobs Reported

4

NAICS Code

811112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

19245.40

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

Subchapter S Corporation

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19351.12

Forgiveness Date

08/17/2021

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