PPP Loan information for Virginia transmission repairs inc

$362,000

Virginia transmission repairs inc was initially approved for PPP Loan of amount $520,000, the current approved amount is $362,000. The loan was approved on 05/03/2020 by The Meridian Bank reported 1 jobs and $362,000 was used to fund payroll.

Virginia transmission repairs inc is Unanswered

PPP Loan Search / VA / ALEXANDRIA / Virginia transmission repairs inc

VIRGINIA TRANSMISSION REPAIRS INC

Date Approved

05/03/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

VIRGINIA TRANSMISSION REPAIRS INC

Borrower Address

1112 First Street

Borrower City

ALEXANDRIA

Borrower State

VA

Borrower Zip

22314

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

520000.00

Current Approval Amount

362000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ALEXANDRIA

Project County Name

ALEXANDRIA CITY

Project State

VA

Project Zip

22314-0001

CD

VA-08

Jobs Reported

1

NAICS Code

811118

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

362000.00

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

366651.45

Forgiveness Date

08/23/2021

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