PPP Loan information for Commonwealth power sports, llc

$196,800

Commonwealth power sports, llc was initially approved for PPP Loan of amount $196,800, the current approved amount is $196,800. The loan was approved on 04/28/2020 by The Anderson Brothers Bank reported 22 jobs and $196,800 was used to fund payroll.

Commonwealth power sports, llc is New Business or 2 years or less

COMMONWEALTH POWER SPORTS, LLC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COMMONWEALTH POWER SPORTS, LLC

Borrower Address

2000 Waterside Rd

Borrower City

PRINCE GEORGE

Borrower State

VA

Borrower Zip

23875

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196800.00

Current Approval Amount

196800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66230

Servicing Lender Name

Anderson Brothers Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

MULLINS

Servicing Lender State

SC

Servicing Lender Zip

29574-2727

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PRINCE GEORGE

Project County Name

PRINCE GEORGE

Project State

VA

Project Zip

23875-0001

CD

VA-04

Jobs Reported

22

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

147600.00

Mortgage Interest Proceed

49200.00

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

66230

Originating Lender

Anderson Brothers Bank

Originating Lender City

MULLINS

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198040.11

Forgiveness Date

12/15/2020

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