PPP Loan information for South main auto service inc.

$155,400

South main auto service inc. was initially approved for PPP Loan of amount $155,400, the current approved amount is $155,400. The loan was approved on 01/28/2021 by The Benworth Capital reported 13 jobs and $155,400 was used to fund payroll.

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

SOUTH MAIN AUTO SERVICE INC.

Date Approved

01/28/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SOUTH MAIN AUTO SERVICE INC.

Borrower Address

1810 S Main St

Borrower City

Blacksburg

Borrower State

VA

Borrower Zip

24060-6612

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155400.00

Current Approval Amount

155400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529192

Servicing Lender Name

Benworth Capital

Servicing Lender Address

7000 SW 97th Avenue Suite 201

Servicing Lender City

Miami

Servicing Lender State

FL

Servicing Lender Zip

33173

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

13

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

155395.00

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

529192

Originating Lender

Benworth Capital

Originating Lender City

Miami

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156924.20

Forgiveness Date

02/04/2022

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