PPP Loan information for Thornhill motor car inc.

$155,200

Thornhill motor car inc. was initially approved for PPP Loan of amount $155,200, the current approved amount is $155,200. The loan was approved on 04/06/2020 by The Logan Bank & Trust Company reported 15 jobs and $155,200 was used to fund payroll.

Thornhill motor car inc. is New Business or 2 years or less

THORNHILL MOTOR CAR INC.

Date Approved

04/06/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

THORNHILL MOTOR CAR INC.

Borrower Address

509 Dingess Street

Borrower City

LOGAN

Borrower State

WV

Borrower Zip

25601-3500

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155200.00

Current Approval Amount

155200.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

75178

Servicing Lender Name

Logan Bank & Trust Company

Servicing Lender Address

43 Washington Ave

Servicing Lender City

LOGAN

Servicing Lender State

WV

Servicing Lender Zip

25601-3900

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LOGAN

Project County Name

LOGAN

Project State

WV

Project Zip

25601-3500

CD

WV-01

Jobs Reported

15

NAICS Code

423110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

155200.00

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

75178

Originating Lender

Logan Bank & Trust Company

Originating Lender City

LOGAN

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146163.97

Forgiveness Date

12/09/2020

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