PPP Loan information for Wytheville automotive inc

$318,672

Wytheville automotive inc was initially approved for PPP Loan of amount $318,672, the current approved amount is $318,672. The loan was approved on 04/08/2020 by The First Horizon Bank reported 32 jobs and $318,672 was used to fund payroll.

Wytheville automotive inc is Existing or more than 2 years old

WYTHEVILLE AUTOMOTIVE INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WYTHEVILLE AUTOMOTIVE INC

Borrower Address

1405 East Main Street

Borrower City

WYTHEVILLE

Borrower State

VA

Borrower Zip

24382-3477

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318672.00

Current Approval Amount

318672.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WYTHEVILLE

Project County Name

WYTHE

Project State

VA

Project Zip

24382-3477

CD

VA-09

Jobs Reported

32

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9667.00

Payroll Proceed

239005.00

Mortgage Interest Proceed

0.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

321655.12

Forgiveness Date

03/31/2021

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