PPP Loan information for Yadkin valley motor co., inc.

$126,200

Yadkin valley motor co., inc. was initially approved for PPP Loan of amount $187,800, the current approved amount is $126,200. The loan was approved on 04/11/2020 by The First Community Bank reported 18 jobs and $126,200 was used to fund payroll.

Yadkin valley motor co., inc. is Existing or more than 2 years old

PPP Loan Search / NC / NORTH WILKESBORO / Yadkin valley motor co., inc.

YADKIN VALLEY MOTOR CO., INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

YADKIN VALLEY MOTOR CO., INC.

Borrower Address

1422 Second Street

Borrower City

NORTH WILKESBORO

Borrower State

NC

Borrower Zip

28659-3853

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187800.00

Current Approval Amount

126200.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH WILKESBORO

Project County Name

WILKES

Project State

NC

Project Zip

28659-3853

CD

NC-05

Jobs Reported

18

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

126200.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127055.36

Forgiveness Date

12/22/2020

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