PPP Loan information for Classic auto repair inc.

$160,732

Classic auto repair inc. was initially approved for PPP Loan of amount $160,732, the current approved amount is $160,732. The loan was approved on 04/01/2021 by The Community Bank of the Chesapeake reported 13 jobs and $160,732 was used to fund payroll.

Classic auto repair inc. is Existing or more than 2 years old

PPP Loan Search / MD / Waldorf / Classic auto repair inc.

CLASSIC AUTO REPAIR INC.

Date Approved

04/01/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CLASSIC AUTO REPAIR INC.

Borrower Address

11725 Pika Dr

Borrower City

Waldorf

Borrower State

MD

Borrower Zip

20602-2778

Loan Status Date

11/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160732.00

Current Approval Amount

160732.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waldorf

Project County Name

CHARLES

Project State

MD

Project Zip

20602-2778

CD

MD-05

Jobs Reported

13

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

160730.00

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

Subchapter S Corporation

Originating Lender Location Id

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

163145.18

Forgiveness Date

10/11/2022

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