Dependable Auto and Truck Repair, INC

$16,200 PPP Loan in Salem, Virginia

Loan Details

Loan Number
3363587301
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$16,200
Current Approval
$16,200
Forgiveness Amount
$16,328
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dependable Auto and Truck Repair, INC
Address
2050 E Main St. Ste B
City
Salem
ZIP Code
24153
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
VA-06

Loan Use Breakdown

Payroll
$14,000
Utilities
$1,000
Mortgage Interest
$1,200

Lender Information

Servicing Lender
Bank of Botetourt
Originating Lender
Bank of Botetourt

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