PPP Loan information for Valley auto world, inc

$1,349,100

Valley auto world, inc was initially approved for PPP Loan of amount $1,349,100, the current approved amount is $1,349,100. The loan was approved on 04/30/2020 by The Truist Bank reported 106 jobs and $1,349,100 was used to fund payroll.

Valley auto world, inc is Existing or more than 2 years old

VALLEY AUTO WORLD, INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

VALLEY AUTO WORLD, INC

Borrower Address

3810 Sycamore Dairy Rd

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28303-3453

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1349100.00

Current Approval Amount

1349100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28303-3453

CD

NC-09

Jobs Reported

106

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1349100.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1356932.28

Forgiveness Date

12/03/2020

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