PPP Loan information for Wright oldsmobile inc

$1,362,630

Wright oldsmobile inc was initially approved for PPP Loan of amount $1,362,630, the current approved amount is $1,362,630. The loan was approved on 04/13/2020 by The Bank of America, National Association reported 125 jobs and $1,362,630 was used to fund payroll.

Wright oldsmobile inc is Existing or more than 2 years old

WRIGHT OLDSMOBILE INC

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

WRIGHT OLDSMOBILE INC

Borrower Address

780 BALTIMORE PIKE

Borrower City

SPRINGFIELD

Borrower State

PA

Borrower Zip

19064-3052

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1362630.00

Current Approval Amount

1362630.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

DELAWARE

Project State

PA

Project Zip

19064-3052

CD

PA-05

Jobs Reported

125

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1362630.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1378346.91

Forgiveness Date

06/11/2021

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