PPP Loan information for Patriot auto sales inc

$189,600

Patriot auto sales inc was initially approved for PPP Loan of amount $189,600, the current approved amount is $189,600. The loan was approved on 04/12/2020 by The The Old Point National Bank of Phoebus reported 29 jobs and $189,600 was used to fund payroll.

Patriot auto sales inc is Existing or more than 2 years old

PATRIOT AUTO SALES INC

Date Approved

04/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PATRIOT AUTO SALES INC

Borrower Address

3554 N MILITARY HWY

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23518-5502

Loan Status Date

05/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189600.00

Current Approval Amount

189600.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23518-5502

CD

VA-03

Jobs Reported

29

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3900.00

Payroll Proceed

165200.00

Mortgage Interest Proceed

0.00

Rent Proceed

20500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

191643.47

Forgiveness Date

05/18/2021

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