PPP Loan information for Bill hudgins automotive inc

$171,300

Bill hudgins automotive inc was initially approved for PPP Loan of amount $171,300, the current approved amount is $171,300. The loan was approved on 04/07/2020 by The Chesapeake Bank reported 21 jobs and $171,300 was used to fund payroll.

Bill hudgins automotive inc is Existing or more than 2 years old

PPP Loan Search / VA / GLOUCESTER / Bill hudgins automotive inc

BILL HUDGINS AUTOMOTIVE INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BILL HUDGINS AUTOMOTIVE INC

Borrower Address

6907 GEORGE WASHINGTON MEMORIAL HWY

Borrower City

GLOUCESTER

Borrower State

VA

Borrower Zip

23061-5145

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171300.00

Current Approval Amount

171300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLOUCESTER

Project County Name

GLOUCESTER

Project State

VA

Project Zip

23061-5145

CD

VA-01

Jobs Reported

21

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

128500.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6500.00

Debt Interest Proceed

12300

Business Type

Corporation

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172660.88

Forgiveness Date

01/20/2021

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