PPP Loan information for The automotive connection inc.

$44,160

The automotive connection inc. was initially approved for PPP Loan of amount $44,160, the current approved amount is $44,160. The loan was approved on 02/12/2021 by The The Bank of Marion reported 6 jobs and $44,160 was used to fund payroll.

The automotive connection inc. is Existing or more than 2 years old

THE AUTOMOTIVE CONNECTION INC.

Date Approved

02/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE AUTOMOTIVE CONNECTION INC.

Borrower Address

5391 Lee Hwy

Borrower City

Atkins

Borrower State

VA

Borrower Zip

24311-3236

Loan Status Date

04/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44160.00

Current Approval Amount

44160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Atkins

Project County Name

SMYTH

Project State

VA

Project Zip

24311-3236

CD

VA-09

Jobs Reported

6

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

44158.00

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

Corporation

Originating Lender Location Id

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

44624.59

Forgiveness Date

03/08/2022

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