PPP Loan information for Waterloo motors inc

$106,794

Waterloo motors inc was initially approved for PPP Loan of amount $106,794, the current approved amount is $106,794. The loan was approved on 04/15/2020 by The Oak View National Bank reported 10 jobs and $106,794 was used to fund payroll.

Waterloo motors inc is Existing or more than 2 years old

WATERLOO MOTORS INC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WATERLOO MOTORS INC

Borrower Address

317 East Shirley Avenue

Borrower City

Warrenton

Borrower State

VA

Borrower Zip

20186

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106794.00

Current Approval Amount

106794.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

465419

Servicing Lender Name

Oak View National Bank

Servicing Lender Address

128 Broadview Ave

Servicing Lender City

WARRENTON

Servicing Lender State

VA

Servicing Lender Zip

20186-2301

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warrenton

Project County Name

FAUQUIER

Project State

VA

Project Zip

20186-2000

CD

VA-10

Jobs Reported

10

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85794.00

Mortgage Interest Proceed

0.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

465419

Originating Lender

Oak View National Bank

Originating Lender City

WARRENTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107692.85

Forgiveness Date

02/19/2021

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