PPP Loan information for Cedar line auto sales, ic.

$83,801

Cedar line auto sales, ic. was initially approved for PPP Loan of amount $83,801, the current approved amount is $83,801. The loan was approved on 04/06/2020 by The First National Bank reported 9 jobs and $83,801 was used to fund payroll.

Cedar line auto sales, ic. is Existing or more than 2 years old

CEDAR LINE AUTO SALES, IC.

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CEDAR LINE AUTO SALES, IC.

Borrower Address

5547 Richmond Highway

Borrower City

SPOUT SPRING

Borrower State

VA

Borrower Zip

24593-5501

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83801.00

Current Approval Amount

83801.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPOUT SPRING

Project County Name

APPOMATTOX

Project State

VA

Project Zip

24593-5501

CD

VA-05

Jobs Reported

9

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

70601.00

Mortgage Interest Proceed

4800.00

Rent Proceed

6400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

84753.07

Forgiveness Date

06/04/2021

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