PPP Loan information for Bill's body shop

$124,500

Bill's body shop was initially approved for PPP Loan of amount $124,500, the current approved amount is $124,500. The loan was approved on 04/08/2020 by The Chesapeake Bank reported 14 jobs and $124,500 was used to fund payroll.

Bill's body shop is Existing or more than 2 years old

BILL'S BODY SHOP

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BILL'S BODY SHOP

Borrower Address

10202 RIDGE RD

Borrower City

LANCASTER

Borrower State

VA

Borrower Zip

22503-2814

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124500.00

Current Approval Amount

124500.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANCASTER

Project County Name

LANCASTER

Project State

VA

Project Zip

22503-2814

CD

VA-01

Jobs Reported

14

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

92000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

0

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

125585.92

Forgiveness Date

02/17/2021

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