PPP Loan information for Affordable towing and recovery of norfolk, inc.

$209,100

Affordable towing and recovery of norfolk, inc. was initially approved for PPP Loan of amount $188,600, the current approved amount is $209,100. The loan was approved on 04/06/2020 by The Southern Bank and Trust Company reported 25 jobs and $209,100 was used to fund payroll.

Affordable towing and recovery of norfolk, inc. is Existing or more than 2 years old

AFFORDABLE TOWING AND RECOVERY OF NORFOLK, INC.

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AFFORDABLE TOWING AND RECOVERY OF NORFOLK, INC.

Borrower Address

2424 CROMWELL RD

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23509-2210

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188600.00

Current Approval Amount

209100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23509-2210

CD

VA-03

Jobs Reported

25

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

209100.00

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

Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

210406.88

Forgiveness Date

11/25/2020

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