PPP Loan information for University motors ltd

$683,300

University motors ltd was initially approved for PPP Loan of amount $683,300, the current approved amount is $683,300. The loan was approved on 04/05/2020 by The United Bank reported 87 jobs and $683,300 was used to fund payroll.

University motors ltd is Existing or more than 2 years old

PPP Loan Search / WV / MORGANTOWN / University motors ltd

UNIVERSITY MOTORS LTD

Date Approved

04/05/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

UNIVERSITY MOTORS LTD

Borrower Address

60 Don Knotts Boulevard

Borrower City

MORGANTOWN

Borrower State

WV

Borrower Zip

26508-6838

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

683300.00

Current Approval Amount

683300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORGANTOWN

Project County Name

MONONGALIA

Project State

WV

Project Zip

26508-6838

CD

WV-02

Jobs Reported

87

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

683300.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

688178.00

Forgiveness Date

12/31/2020

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