PPP Loan information for Twin city auto machine inc.

$111,969

Twin city auto machine inc. was initially approved for PPP Loan of amount $111,969, the current approved amount is $111,969. The loan was approved on 03/27/2021 by The The First Bank and Trust Company reported 12 jobs and $111,969 was used to fund payroll.

Twin city auto machine inc. is Existing or more than 2 years old

PPP Loan Search / VA / Bristol / Twin city auto machine inc.

TWIN CITY AUTO MACHINE INC.

Date Approved

03/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

TWIN CITY AUTO MACHINE INC.

Borrower Address

1120 Highland Ave

Borrower City

Bristol

Borrower State

VA

Borrower Zip

24201-3946

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111969.00

Current Approval Amount

111969.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

BRISTOL

Project State

VA

Project Zip

24201-3946

CD

VA-09

Jobs Reported

12

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

111966.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112631.48

Forgiveness Date

11/03/2021

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