PPP Loan information for Shelor motor mile inc

$5,457,500

Shelor motor mile inc was initially approved for PPP Loan of amount $5,457,500, the current approved amount is $5,457,500. The loan was approved on 04/08/2020 by The The First Bank and Trust Company reported 444 jobs and $5,457,500 was used to fund payroll.

Shelor motor mile inc is Existing or more than 2 years old

PPP Loan Search / VA / CHRISTIANSBURG / Shelor motor mile inc

SHELOR MOTOR MILE INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SHELOR MOTOR MILE INC

Borrower Address

2257 ROANOKE ST

Borrower City

CHRISTIANSBURG

Borrower State

VA

Borrower Zip

24073-2513

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5457500.00

Current Approval Amount

5457500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHRISTIANSBURG

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24073-2513

CD

VA-09

Jobs Reported

444

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5457500.00

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

Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5473228.14

Forgiveness Date

12/16/2021

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