PPP Loan information for American automobile institution inc

$31,104

American automobile institution inc was initially approved for PPP Loan of amount $31,104, the current approved amount is $31,104. The loan was approved on 04/15/2020 by The Atlantic Union Bank reported 5 jobs and $31,104 was used to fund payroll.

American automobile institution inc is New Business or 2 years or less

AMERICAN AUTOMOBILE INSTITUTION INC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AMERICAN AUTOMOBILE INSTITUTION INC

Borrower Address

3860 Jefferson Davis Hwy

Borrower City

Stafford

Borrower State

VA

Borrower Zip

22554

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31104.00

Current Approval Amount

31104.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Stafford

Project County Name

STAFFORD

Project State

VA

Project Zip

22554-1500

CD

VA-07

Jobs Reported

5

NAICS Code

441120

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31104.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

31445.28

Forgiveness Date

06/04/2021

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