PPP Loan information for Virginia motor lodges inc

$67,541

Virginia motor lodges inc was initially approved for PPP Loan of amount $67,541, the current approved amount is $67,541. The loan was approved on 01/30/2021 by The Bank of Botetourt reported 15 jobs and $67,541 was used to fund payroll.

Virginia motor lodges inc is Existing or more than 2 years old

VIRGINIA MOTOR LODGES INC

Date Approved

01/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

VIRGINIA MOTOR LODGES INC

Borrower Address

446 Roanoke Rd

Borrower City

Daleville

Borrower State

VA

Borrower Zip

24083-3020

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67540.83

Current Approval Amount

67540.83

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73136

Servicing Lender Name

Bank of Botetourt

Servicing Lender Address

19747 Main St

Servicing Lender City

BUCHANAN

Servicing Lender State

VA

Servicing Lender Zip

24066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Daleville

Project County Name

BOTETOURT

Project State

VA

Project Zip

24083-3020

CD

VA-06

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

67536.83

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

73136

Originating Lender

Bank of Botetourt

Originating Lender City

BUCHANAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67938.57

Forgiveness Date

09/07/2021

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