PPP Loan information for Elm grove automotive

$390,800

Elm grove automotive was initially approved for PPP Loan of amount $390,800, the current approved amount is $390,800. The loan was approved on 04/04/2020 by The United Bank reported 27 jobs and $390,800 was used to fund payroll.

Elm grove automotive is Existing or more than 2 years old

ELM GROVE AUTOMOTIVE

Date Approved

04/04/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

ELM GROVE AUTOMOTIVE

Borrower Address

21 12th Street

Borrower City

WHEELING

Borrower State

WV

Borrower Zip

26003-3208

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

390800.00

Current Approval Amount

390800.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WHEELING

Project County Name

OHIO

Project State

WV

Project Zip

26003-3208

CD

WV-02

Jobs Reported

27

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

390800.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

394371.48

Forgiveness Date

03/10/2021

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