PPP Loan information for Virginia motor lodges, inc.

$48,200

Virginia motor lodges, inc. was initially approved for PPP Loan of amount $48,200, the current approved amount is $48,200. The loan was approved on 04/15/2020 by The Bank of Botetourt reported 15 jobs and $48,200 was used to fund payroll.

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

PPP Loan Search / VA / DALEVILLE / Virginia motor lodges, inc.

VIRGINIA MOTOR LODGES, INC.

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VIRGINIA MOTOR LODGES, INC.

Borrower Address

446 Roanoke Rd

Borrower City

DALEVILLE

Borrower State

VA

Borrower Zip

24083

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48200.00

Current Approval Amount

48200.00

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

24083-0001

CD

VA-06

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4800.00

Payroll Proceed

38600.00

Mortgage Interest Proceed

4800.00

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

48687.36

Forgiveness Date

04/15/2021

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