Dnx Motors LLC

$105,660 PPP Loan in Forest, Virginia

Loan Details

Loan Number
8851407001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$105,660
Current Approval
$105,660
Forgiveness Amount
$106,526
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dnx Motors LLC
Address
20872 Timberlake Road
City
Forest
ZIP Code
24551
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (454390)
Business Age
New Business or 2 years or less
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$84,528
Rent
$8,000
Utilities
$2,000
Mortgage Interest
$5,132
Debt Interest
$6,000

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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