PPP Loan information for Wright way automotive, inc.

$352,200

Wright way automotive, inc. was initially approved for PPP Loan of amount $352,200, the current approved amount is $352,200. The loan was approved on 04/07/2020 by The Truist Bank reported 27 jobs and $352,200 was used to fund payroll.

Wright way automotive, inc. is Existing or more than 2 years old

WRIGHT WAY AUTOMOTIVE, INC.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WRIGHT WAY AUTOMOTIVE, INC.

Borrower Address

387 LEE JACKSON HWY

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401-5505

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

352200.00

Current Approval Amount

352200.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

AUGUSTA

Project State

VA

Project Zip

24401-5505

CD

VA-06

Jobs Reported

27

NAICS Code

441110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

352200.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

355193.70

Forgiveness Date

03/02/2021

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