PPP Loan information for Ferguson's automotive & electrical repair llc

$71,600

Ferguson's automotive & electrical repair llc was initially approved for PPP Loan of amount $71,600, the current approved amount is $71,600. The loan was approved on 04/15/2020 by The The Old Point National Bank of Phoebus reported 6 jobs and $71,600 was used to fund payroll.

Ferguson's automotive & electrical repair llc is Existing or more than 2 years old

FERGUSON'S AUTOMOTIVE & ELECTRICAL REPAIR LLC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FERGUSON'S AUTOMOTIVE & ELECTRICAL REPAIR LLC

Borrower Address

14173 CARROLLTON BLVD

Borrower City

CARROLLTON

Borrower State

VA

Borrower Zip

23314-3402

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71600.00

Current Approval Amount

71600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARROLLTON

Project County Name

ISLE OF WIGHT

Project State

VA

Project Zip

23314-3402

CD

VA-02

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2656.00

Payroll Proceed

63944.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72133.02

Forgiveness Date

01/25/2021

;