PPP Loan information for Abingdon auto auction, inc.

$293,000

Abingdon auto auction, inc. was initially approved for PPP Loan of amount $293,000, the current approved amount is $293,000. The loan was approved on 04/28/2020 by The First Community Bank reported 71 jobs and $293,000 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

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ABINGDON AUTO AUCTION, INC.

Borrower Address

13470 Mallicote Drive

Borrower City

Abingdon

Borrower State

VA

Borrower Zip

24210

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

293000.00

Current Approval Amount

293000.00

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

24210-0001

CD

VA-09

Jobs Reported

71

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14650.00

Payroll Proceed

249050.00

Mortgage Interest Proceed

29300.00

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

296708.66

Forgiveness Date

08/16/2021

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