PPP Loan information for Shumate automotive inc

$18,957

Shumate automotive inc was initially approved for PPP Loan of amount $18,957, the current approved amount is $18,957. The loan was approved on 04/20/2021 by The Citizens Bank and Trust Company reported 3 jobs and $18,957 was used to fund payroll.

Shumate automotive inc is Existing or more than 2 years old

PPP Loan Search / VA / Colonial Heights / Shumate automotive inc

SHUMATE AUTOMOTIVE INC

Date Approved

04/20/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SHUMATE AUTOMOTIVE INC

Borrower Address

115 Boulevard

Borrower City

Colonial Heights

Borrower State

VA

Borrower Zip

23834-3701

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18957.00

Current Approval Amount

18957.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73109

Servicing Lender Name

Citizens Bank and Trust Company

Servicing Lender Address

126 S Main St

Servicing Lender City

BLACKSTONE

Servicing Lender State

VA

Servicing Lender Zip

23824-1842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Colonial Heights

Project County Name

COLONIAL HEIGHTS CITY

Project State

VA

Project Zip

23834-3701

CD

VA-04

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18956.00

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

73109

Originating Lender

Citizens Bank and Trust Company

Originating Lender City

BLACKSTONE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19061.39

Forgiveness Date

11/10/2021

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