PPP Loan information for Sonny's automotive racing inc

$160,840

Sonny's automotive racing inc was initially approved for PPP Loan of amount $160,840, the current approved amount is $160,840. The loan was approved on 03/28/2021 by The American National Bank and Trust Company reported 11 jobs and $160,840 was used to fund payroll.

Sonny's automotive racing inc is Existing or more than 2 years old

PPP Loan Search / VA / Lynchburg / Sonny's automotive racing inc

SONNY'S AUTOMOTIVE RACING INC

Date Approved

03/28/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SONNY'S AUTOMOTIVE RACING INC

Borrower Address

352 Training Center Rd

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24502-4941

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160840.17

Current Approval Amount

160840.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

CAMPBELL

Project State

VA

Project Zip

24502-4941

CD

VA-05

Jobs Reported

11

NAICS Code

811198

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

160839.17

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161890.10

Forgiveness Date

11/22/2021

;