PPP Loan information for Abingdon auto auction inc

$309,800

Abingdon auto auction inc was initially approved for PPP Loan of amount $309,800, the current approved amount is $309,800. The loan was approved on 04/13/2021 by The First Community Bank reported 109 jobs and $309,800 was used to fund payroll.

Abingdon auto auction inc is Existing or more than 2 years old

PPP Loan Search / VA / Abingdon / Abingdon auto auction inc

ABINGDON AUTO AUCTION INC

Date Approved

04/13/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ABINGDON AUTO AUCTION INC

Borrower Address

13470 Mallicote Dr

Borrower City

Abingdon

Borrower State

VA

Borrower Zip

24210-9252

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

309800.00

Current Approval Amount

309800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Abingdon

Project County Name

WASHINGTON

Project State

VA

Project Zip

24210-9252

CD

VA-09

Jobs Reported

109

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

309797.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

313381.80

Forgiveness Date

06/16/2022

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