PPP Loan information for Highway motors, incorporated

$1,720,095

Highway motors, incorporated was initially approved for PPP Loan of amount $1,720,095, the current approved amount is $1,720,095. The loan was approved on 04/14/2020 by The Pinnacle Bank reported 136 jobs and $1,720,095 was used to fund payroll.

Highway motors, incorporated is Existing or more than 2 years old

HIGHWAY MOTORS, INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HIGHWAY MOTORS, INCORPORATED

Borrower Address

5307 PETERS CREEK RD

Borrower City

ROANOKE

Borrower State

VA

Borrower Zip

24019-3849

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1720095.00

Current Approval Amount

1720095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROANOKE

Project County Name

BOTETOURT

Project State

VA

Project Zip

24019-3849

CD

VA-06

Jobs Reported

136

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1720095.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1731640.84

Forgiveness Date

12/22/2020

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