PPP Loan information for Downtown garage incorporated

$554,960

Downtown garage incorporated was initially approved for PPP Loan of amount $554,960, the current approved amount is $554,960. The loan was approved on 02/02/2021 by The Atlantic Union Bank reported 32 jobs and $554,960 was used to fund payroll.

Downtown garage incorporated is Existing or more than 2 years old

DOWNTOWN GARAGE INCORPORATED

Date Approved

02/02/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

DOWNTOWN GARAGE INCORPORATED

Borrower Address

4913 Massaponax Church Rd. 4913 Massaponax Church Rd.

Borrower City

Fredericksburg

Borrower State

VA

Borrower Zip

22407

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

554960.00

Current Approval Amount

554960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fredericksburg

Project County Name

CULPEPER

Project State

VA

Project Zip

22407

CD

VA-01

Jobs Reported

32

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

554960.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

558644.32

Forgiveness Date

10/06/2021

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