PPP Loan information for Automotive concepts inc

$75,167

Automotive concepts inc was initially approved for PPP Loan of amount $75,167, the current approved amount is $75,167. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $75,167 was used to fund payroll.

Automotive concepts inc is New Business or 2 years or less

AUTOMOTIVE CONCEPTS INC

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AUTOMOTIVE CONCEPTS INC

Borrower Address

16922 HULL STREET RD

Borrower City

MOSELEY

Borrower State

VA

Borrower Zip

23120-1460

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75167.00

Current Approval Amount

75167.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOSELEY

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23120-1460

CD

VA-01

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75167.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75861.01

Forgiveness Date

04/08/2021

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