PPP Loan information for W e glenn automotive innovations

$28,300

W e glenn automotive innovations was initially approved for PPP Loan of amount $28,300, the current approved amount is $28,300. The loan was approved on 04/08/2020 by The Chesapeake Bank reported 5 jobs and $28,300 was used to fund payroll.

W e glenn automotive innovations is Existing or more than 2 years old

W E GLENN AUTOMOTIVE INNOVATIONS

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

W E GLENN AUTOMOTIVE INNOVATIONS

Borrower Address

14938 GEORGE WASHINGTON MEMORIAL HWY

Borrower City

SALUDA

Borrower State

VA

Borrower Zip

23149-2507

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28300.00

Current Approval Amount

28300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALUDA

Project County Name

GLOUCESTER

Project State

VA

Project Zip

23149-2507

CD

VA-01

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

669.86

Payroll Proceed

24239.64

Mortgage Interest Proceed

0.00

Rent Proceed

3390.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28506.75

Forgiveness Date

12/30/2020

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