PPP Loan information for Mountain valley corp

$1,556,900

Mountain valley corp was initially approved for PPP Loan of amount $1,556,870, the current approved amount is $1,556,900. The loan was approved on 04/09/2020 by The Truist Bank reported 452 jobs and $1,556,900 was used to fund payroll.

Mountain valley corp is Existing or more than 2 years old

MOUNTAIN VALLEY CORP

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MOUNTAIN VALLEY CORP

Borrower Address

650 LEW DEWITT BLVD

Borrower City

WAYNESBORO

Borrower State

VA

Borrower Zip

22980-1659

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1556870.00

Current Approval Amount

1556900.00

Undisbursed Amount

0.00

Franchise Name

Burger King

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

Existing or more than 2 years old

Project City

WAYNESBORO

Project County Name

WAYNESBORO CITY

Project State

VA

Project Zip

22980-1659

CD

VA-06

Jobs Reported

452

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1556900.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1566803.61

Forgiveness Date

12/09/2020

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