PPP Loan information for Williamburg motor cars inc

$901,000

Williamburg motor cars inc was initially approved for PPP Loan of amount $901,000, the current approved amount is $901,000. The loan was approved on 04/11/2020 by The TowneBank reported 81 jobs and $901,000 was used to fund payroll.

Williamburg motor cars inc is Existing or more than 2 years old

PPP Loan Search / VA / WILLIAMSBURG / Williamburg motor cars inc

WILLIAMBURG MOTOR CARS INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WILLIAMBURG MOTOR CARS INC

Borrower Address

601 E Rochambeau Dr.

Borrower City

WILLIAMSBURG

Borrower State

VA

Borrower Zip

23188-2151

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

901000.00

Current Approval Amount

901000.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer 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

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSBURG

Project County Name

JAMES CITY

Project State

VA

Project Zip

23188-2151

CD

VA-01

Jobs Reported

81

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

901000.00

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

908308.11

Forgiveness Date

02/09/2021

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