PPP Loan information for Powhatan auctions inc

$52,300

Powhatan auctions inc was initially approved for PPP Loan of amount $52,300, the current approved amount is $52,300. The loan was approved on 04/27/2020 by The Atlantic Union Bank reported 11 jobs and $52,300 was used to fund payroll.

Powhatan auctions inc is New Business or 2 years or less

POWHATAN AUCTIONS INC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POWHATAN AUCTIONS INC

Borrower Address

10101 Brook Rd

Borrower City

Glen Allen

Borrower State

VA

Borrower Zip

23059

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52300.00

Current Approval Amount

52300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Glen Allen

Project County Name

HENRICO

Project State

VA

Project Zip

23059-1000

CD

VA-01

Jobs Reported

11

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52300.00

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

Cooperative

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52981.35

Forgiveness Date

08/19/2021

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