PPP Loan information for Wright way automotive inc

$377,305

Wright way automotive inc was initially approved for PPP Loan of amount $377,305, the current approved amount is $377,305. The loan was approved on 03/12/2021 by The Truist Bank reported 31 jobs and $377,305 was used to fund payroll.

Wright way automotive inc is Existing or more than 2 years old

PPP Loan Search / VA / Waynesboro / Wright way automotive inc

WRIGHT WAY AUTOMOTIVE INC

Date Approved

03/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

WRIGHT WAY AUTOMOTIVE INC

Borrower Address

2551 W Main St

Borrower City

Waynesboro

Borrower State

VA

Borrower Zip

22980-1613

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

377305.00

Current Approval Amount

377305.00

Undisbursed Amount

0.00

Franchise Name

Hyundai Motor America - Dealer Sales and Service Agreement

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

22980-1613

CD

VA-06

Jobs Reported

31

NAICS Code

441110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

377303.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

382126.12

Forgiveness Date

06/23/2022

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