PPP Loan information for Atlantic motors inc

$99,500

Atlantic motors inc was initially approved for PPP Loan of amount $99,500, the current approved amount is $99,500. The loan was approved on 04/10/2020 by The TowneBank reported 15 jobs and $99,500 was used to fund payroll.

Atlantic motors inc is Existing or more than 2 years old

PPP Loan Search / VA / CARROLLTON / Atlantic motors inc

ATLANTIC MOTORS INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ATLANTIC MOTORS INC

Borrower Address

21373 Brewers Neck Blvd

Borrower City

CARROLLTON

Borrower State

VA

Borrower Zip

23314-3501

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99500.00

Current Approval Amount

99500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARROLLTON

Project County Name

ISLE OF WIGHT

Project State

VA

Project Zip

23314-3501

CD

VA-02

Jobs Reported

15

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99500.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100417.61

Forgiveness Date

03/16/2021

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