PPP Loan information for Wright way motors inc

$81,600

Wright way motors inc was initially approved for PPP Loan of amount $81,600, the current approved amount is $81,600. The loan was approved on 04/27/2020 by The Highlands Community Bank reported 13 jobs and $81,600 was used to fund payroll.

Wright way motors inc is Unanswered

WRIGHT WAY MOTORS INC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WRIGHT WAY MOTORS INC

Borrower Address

820 S Lexington Ave

Borrower City

COVINGTON

Borrower State

VA

Borrower Zip

24426-1943

Loan Status Date

07/21/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81600.00

Current Approval Amount

81600.00

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

Unanswered

Project City

COVINGTON

Project County Name

COVINGTON CITY

Project State

VA

Project Zip

24426-1943

CD

VA-06

Jobs Reported

13

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81600.00

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

82171.20

Forgiveness Date

01/12/2021

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