PPP Loan information for Colonial cars, inc.

$298,000

Colonial cars, inc. was initially approved for PPP Loan of amount $298,000, the current approved amount is $298,000. The loan was approved on 04/08/2020 by The Virginia National Bank reported 23 jobs and $298,000 was used to fund payroll.

Colonial cars, inc. is Existing or more than 2 years old

PPP Loan Search / VA / SOUTH CHESTERFIELD / Colonial cars, inc.

COLONIAL CARS, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COLONIAL CARS, INC.

Borrower Address

2300 WALTHALL CENTER DR

Borrower City

SOUTH CHESTERFIELD

Borrower State

VA

Borrower Zip

23834-5119

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298000.00

Current Approval Amount

298000.00

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

123036

Servicing Lender Name

Virginia National Bank

Servicing Lender Address

222 E Main St

Servicing Lender City

CHARLOTTESVILLE

Servicing Lender State

VA

Servicing Lender Zip

22902-5232

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH CHESTERFIELD

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23834-5119

CD

VA-04

Jobs Reported

23

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

298000.00

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

Corporation

Originating Lender Location Id

123036

Originating Lender

Virginia National Bank

Originating Lender City

CHARLOTTESVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

300201.89

Forgiveness Date

01/06/2021

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