PPP Loan information for Automotive care express, inc

$41,700

Automotive care express, inc was initially approved for PPP Loan of amount $41,700, the current approved amount is $41,700. The loan was approved on 04/09/2020 by The TowneBank reported 7 jobs and $41,700 was used to fund payroll.

Automotive care express, inc is Existing or more than 2 years old

AUTOMOTIVE CARE EXPRESS, INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AUTOMOTIVE CARE EXPRESS, INC

Borrower Address

2700 Wilroy Road

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23434-2029

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41700.00

Current Approval Amount

41700.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23434-2029

CD

VA-02

Jobs Reported

7

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41700.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34913.98

Forgiveness Date

11/27/2020

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