PPP Loan information for Banister nissan of chesapeake llc

$987,000

Banister nissan of chesapeake llc was initially approved for PPP Loan of amount $987,000, the current approved amount is $987,000. The loan was approved on 04/03/2020 by The Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU reported 81 jobs and $987,000 was used to fund payroll.

Banister nissan of chesapeake llc is Existing or more than 2 years old

BANISTER NISSAN OF CHESAPEAKE LLC

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BANISTER NISSAN OF CHESAPEAKE LLC

Borrower Address

930 N BATTLEFIELD BLVD

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-4804

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

987000.00

Current Approval Amount

987000.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

107246

Servicing Lender Name

Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU

Servicing Lender Address

One Bayport Way, Ste 350

Servicing Lender City

NEWPORT NEWS

Servicing Lender State

VA

Servicing Lender Zip

23606-4571

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-4804

CD

VA-03

Jobs Reported

81

NAICS Code

441110

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

987000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

107246

Originating Lender

Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU

Originating Lender City

NEWPORT NEWS

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

983531.18

Forgiveness Date

12/09/2020

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