PPP Loan information for Elite auto body inc

$880,187

Elite auto body inc was initially approved for PPP Loan of amount $880,187, the current approved amount is $880,187. The loan was approved on 02/05/2021 by The TowneBank reported 110 jobs and $880,187 was used to fund payroll.

Elite auto body inc is Existing or more than 2 years old

PPP Loan Search / VA / Hampton / Elite auto body inc

ELITE AUTO BODY INC

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ELITE AUTO BODY INC

Borrower Address

230 East Mercury Blvd

Borrower City

Hampton

Borrower State

VA

Borrower Zip

23669

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

880187.00

Current Approval Amount

880187.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hampton

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23669

CD

VA-02

Jobs Reported

110

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

880182.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

888719.92

Forgiveness Date

01/26/2022

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