PPP Loan information for Berglund luxury auto inc

$405,500

Berglund luxury auto inc was initially approved for PPP Loan of amount $405,500, the current approved amount is $405,500. The loan was approved on 04/07/2020 by The American National Bank and Trust Company reported 30 jobs and $405,500 was used to fund payroll.

Berglund luxury auto inc is Existing or more than 2 years old

BERGLUND LUXURY AUTO INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BERGLUND LUXURY AUTO INC

Borrower Address

2643 Lakeside Drive

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-6944

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

405500.00

Current Approval Amount

405500.00

Undisbursed Amount

0.00

Franchise Name

Lincoln Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-6944

CD

VA-05

Jobs Reported

30

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12165.00

Payroll Proceed

316290.00

Mortgage Interest Proceed

4055.00

Rent Proceed

72990.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

410546.22

Forgiveness Date

07/08/2021

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