PPP Loan information for Priority automotive hampton inc.

$1,156,400

Priority automotive hampton inc. was initially approved for PPP Loan of amount $1,156,400, the current approved amount is $1,156,400. The loan was approved on 04/08/2020 by The TowneBank reported 101 jobs and $1,156,400 was used to fund payroll.

Priority automotive hampton inc. is Existing or more than 2 years old

PRIORITY AUTOMOTIVE HAMPTON INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PRIORITY AUTOMOTIVE HAMPTON INC.

Borrower Address

4115 W. Mercury Blvd

Borrower City

HAMPTON

Borrower State

VA

Borrower Zip

23666-3729

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1156400.00

Current Approval Amount

1156400.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23666-3729

CD

VA-03

Jobs Reported

101

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1156400.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1167578.53

Forgiveness Date

03/31/2021

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