PPP Loan information for Wright way motors

$122,500

Wright way motors was initially approved for PPP Loan of amount $122,500, the current approved amount is $122,500. The loan was approved on 01/28/2021 by The Highlands Community Bank reported 16 jobs and $122,500 was used to fund payroll.

Wright way motors is Existing or more than 2 years old

PPP Loan Search / VA / Covington / Wright way motors

WRIGHT WAY MOTORS

Date Approved

01/28/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

WRIGHT WAY MOTORS

Borrower Address

820 S Lexington Ave

Borrower City

Covington

Borrower State

VA

Borrower Zip

24426-1943

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122500.00

Current Approval Amount

122500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

276736

Servicing Lender Name

Highlands Community Bank

Servicing Lender Address

307 Thacker Ave

Servicing Lender City

COVINGTON

Servicing Lender State

VA

Servicing Lender Zip

24426-2264

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

COVINGTON CITY

Project State

VA

Project Zip

24426-1943

CD

VA-06

Jobs Reported

16

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

122496.00

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

276736

Originating Lender

Highlands Community Bank

Originating Lender City

COVINGTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

123660.35

Forgiveness Date

01/12/2022

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