PPP Loan information for Checkered flag store #1 llc
$1,000,000
Checkered flag store #1 llc was initially approved for PPP Loan of amount $1,000,000, the current approved amount is $1,000,000. The loan was approved on 02/04/2021 by The TowneBank reported 75 jobs and $1,000,000 was used to fund payroll.
Checkered flag store #1 llc is Existing or more than 2 years old
CHECKERED FLAG STORE #1 LLC
Date Approved
02/04/2021
SBA Office Code
0304
Processing Method
PPS
Borrower Name
CHECKERED FLAG STORE #1 LLC
Borrower Address
5225 Virginia Beach Blvd
Borrower City
Virginia Beach
Borrower State
VA
Borrower Zip
23462-1825
Loan Status Date
09/22/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1000000.00
Current Approval Amount
1000000.00
Undisbursed Amount
0.00
Franchise Name
Honda Automobile Division - Dealer Sales and Service Agreement
Servicing Lender Location Id
123548
Servicing Lender Name
TowneBank
Servicing Lender Address
5716 High St West
Servicing Lender City
PORTSMOUTH
Servicing Lender State
VA
Servicing Lender Zip
23703-4502
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Virginia Beach
Project County Name
VIRGINIA BEACH CITY
Project State
VA
Project Zip
23462-1825
CD
VA-02
Jobs Reported
75
NAICS Code
423110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
1000000.00
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
123548
Originating Lender
TowneBank
Originating Lender City
PORTSMOUTH
Originating Lender State
VA
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
1004777.78
Forgiveness Date
08/03/2021