PPP Loan information for Raines motors inc.

$130,000

Raines motors inc. was initially approved for PPP Loan of amount $130,000, the current approved amount is $130,000. The loan was approved on 03/23/2021 by The The Huntington National Bank reported 15 jobs and $130,000 was used to fund payroll.

Raines motors inc. is Existing or more than 2 years old

RAINES MOTORS INC.

Date Approved

03/23/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

RAINES MOTORS INC.

Borrower Address

5102 Maccorkle Ave SW

Borrower City

South Charleston

Borrower State

WV

Borrower Zip

25309-1110

Loan Status Date

08/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130000.00

Current Approval Amount

130000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Charleston

Project County Name

KANAWHA

Project State

WV

Project Zip

25309-1110

CD

WV-01

Jobs Reported

15

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

129996.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131723.84

Forgiveness Date

07/25/2022

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