PPP Loan information for Mccoys salvage inc

$110,300

Mccoys salvage inc was initially approved for PPP Loan of amount $110,300, the current approved amount is $110,300. The loan was approved on 04/14/2020 by The Truist Bank reported 16 jobs and $110,300 was used to fund payroll.

Mccoys salvage inc is New Business or 2 years or less

MCCOYS SALVAGE INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MCCOYS SALVAGE INC

Borrower Address

2959 N John B Dennis Hwy

Borrower City

KINGSPORT

Borrower State

TN

Borrower Zip

37660-6604

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110300.00

Current Approval Amount

110300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KINGSPORT

Project County Name

SULLIVAN

Project State

TN

Project Zip

37660-6604

CD

TN-01

Jobs Reported

16

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110300.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

111234.49

Forgiveness Date

02/23/2021

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