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
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
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
Project County Name
DANVILLE CITY
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
19351.12
Forgiveness Date
08/17/2021