PPP Loan information for King volkswagen llc

$784,000

King volkswagen llc was initially approved for PPP Loan of amount $783,977, the current approved amount is $784,000. The loan was approved on 04/08/2020 by The Truist Bank reported 70 jobs and $784,000 was used to fund payroll.

King volkswagen llc is Existing or more than 2 years old

PPP Loan Search / MD / GAITHERSBURG / King volkswagen llc

KING VOLKSWAGEN LLC

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

KING VOLKSWAGEN LLC

Borrower Address

979 N FREDERICK AVE

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20879-3303

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

783977.00

Current Approval Amount

784000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20879-3303

CD

MD-06

Jobs Reported

70

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

784000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

788878.22

Forgiveness Date

12/02/2020

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