PPP Loan information for Woodruff chevrolet inc

$378,500

Woodruff chevrolet inc was initially approved for PPP Loan of amount $378,500, the current approved amount is $378,500. The loan was approved on 04/08/2020 by The Truist Bank reported 27 jobs and $378,500 was used to fund payroll.

Woodruff chevrolet inc is Existing or more than 2 years old

WOODRUFF CHEVROLET INC

Date Approved

04/08/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

WOODRUFF CHEVROLET INC

Borrower Address

6007 HIGHWAY 101

Borrower City

WOODRUFF

Borrower State

SC

Borrower Zip

29388-9706

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378500.00

Current Approval Amount

378500.00

Undisbursed Amount

0.00

Franchise Name

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

WOODRUFF

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29388-9706

CD

SC-04

Jobs Reported

27

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

378500.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

380781.51

Forgiveness Date

11/23/2020

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