PPP Loan information for The express lane convenience stores, inc.

$297,500

The express lane convenience stores, inc. was initially approved for PPP Loan of amount $297,500, the current approved amount is $297,500. The loan was approved on 04/14/2020 by The Select Bank reported 52 jobs and $297,500 was used to fund payroll.

The express lane convenience stores, inc. is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / The express lane convenience stores, inc.

THE EXPRESS LANE CONVENIENCE STORES, INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE EXPRESS LANE CONVENIENCE STORES, INC.

Borrower Address

22208 TIMBERLAKE RD

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24502-7305

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297500.00

Current Approval Amount

297500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447640

Servicing Lender Name

Select Bank

Servicing Lender Address

211 Gristmill Dr

Servicing Lender City

FOREST

Servicing Lender State

VA

Servicing Lender Zip

24551-2605

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

CAMPBELL

Project State

VA

Project Zip

24502-7305

CD

VA-05

Jobs Reported

52

NAICS Code

445120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

297500.00

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

447640

Originating Lender

Select Bank

Originating Lender City

FOREST

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

244432.73

Forgiveness Date

07/19/2021

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