PPP Loan information for South main auto service inc

$124,945

South main auto service inc was initially approved for PPP Loan of amount $124,945, the current approved amount is $124,945. The loan was approved on 04/27/2020 by The Carter Bank & Trust reported 12 jobs and $124,945 was used to fund payroll.

South main auto service inc is Existing or more than 2 years old

PPP Loan Search / VA / Blacksburg / South main auto service inc

SOUTH MAIN AUTO SERVICE INC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTH MAIN AUTO SERVICE INC

Borrower Address

1810 south Main St

Borrower City

Blacksburg

Borrower State

VA

Borrower Zip

24060-6612

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124945.00

Current Approval Amount

124945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445435

Servicing Lender Name

Carter Bank & Trust

Servicing Lender Address

1300 Kings Mountain Rd

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112-7268

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blacksburg

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24060-6612

CD

VA-09

Jobs Reported

12

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124945.00

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

445435

Originating Lender

Carter Bank & Trust

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125975.80

Forgiveness Date

02/23/2021

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