PPP Loan information for Burns motor freight inc.

$631,800

Burns motor freight inc. was initially approved for PPP Loan of amount $631,800, the current approved amount is $631,800. The loan was approved on 04/15/2020 by The First-Citizens Bank & Trust Company reported 61 jobs and $631,800 was used to fund payroll.

Burns motor freight inc. is New Business or 2 years or less

PPP Loan Search / WV / Marlinton / Burns motor freight inc.

BURNS MOTOR FREIGHT INC.

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

BURNS MOTOR FREIGHT INC.

Borrower Address

18750 Seneca Trail

Borrower City

Marlinton

Borrower State

WV

Borrower Zip

24954

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

631800.00

Current Approval Amount

631800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Marlinton

Project County Name

POCAHONTAS

Project State

WV

Project Zip

24954-0001

CD

WV-01

Jobs Reported

61

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

631800.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

635222.25

Forgiveness Date

11/03/2020

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