PPP Loan information for Town auto inc

$1,079,713

Town auto inc was initially approved for PPP Loan of amount $1,079,713, the current approved amount is $1,079,713. The loan was approved on 04/06/2020 by The Cashmere Valley Bank reported 115 jobs and $1,079,713 was used to fund payroll.

Town auto inc is Existing or more than 2 years old

TOWN AUTO INC

Date Approved

04/06/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

TOWN AUTO INC

Borrower Address

500 3rd St SE

Borrower City

East Wenatchee

Borrower State

WA

Borrower Zip

98802-4963

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1079713.00

Current Approval Amount

1079713.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74207

Servicing Lender Name

Cashmere Valley Bank

Servicing Lender Address

117 Aplets Way

Servicing Lender City

CASHMERE

Servicing Lender State

WA

Servicing Lender Zip

98815-1009

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Wenatchee

Project County Name

DOUGLAS

Project State

WA

Project Zip

98802-4963

CD

WA-04

Jobs Reported

115

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40000.00

Payroll Proceed

958471.00

Mortgage Interest Proceed

0.00

Rent Proceed

81242.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

74207

Originating Lender

Cashmere Valley Bank

Originating Lender City

CASHMERE

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1088202.80

Forgiveness Date

01/20/2021

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