PPP Loan information for College park automotive inc.

$92,345

College park automotive inc. was initially approved for PPP Loan of amount $92,345, the current approved amount is $92,345. The loan was approved on 01/20/2021 by The The First Bank and Trust Company reported 7 jobs and $92,345 was used to fund payroll.

College park automotive inc. is Existing or more than 2 years old

COLLEGE PARK AUTOMOTIVE INC.

Date Approved

01/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

COLLEGE PARK AUTOMOTIVE INC.

Borrower Address

1400 Wards Ferry Rd

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24502-2955

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92345.00

Current Approval Amount

92345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-2955

CD

VA-05

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

92340.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

92755.42

Forgiveness Date

07/07/2021

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