PPP Loan information for Affordable towing and recovery of norfolk inc.

$206,892

Affordable towing and recovery of norfolk inc. was initially approved for PPP Loan of amount $206,892, the current approved amount is $206,892. The loan was approved on 02/05/2021 by The Southern Bank and Trust Company reported 27 jobs and $206,892 was used to fund payroll.

Affordable towing and recovery of norfolk inc. is Existing or more than 2 years old

PPP Loan Search / VA / Chesapeake / Affordable towing and recovery of norfolk inc.

AFFORDABLE TOWING AND RECOVERY OF NORFOLK INC.

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

AFFORDABLE TOWING AND RECOVERY OF NORFOLK INC.

Borrower Address

108 Freeman Ave

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23324-1036

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

206892.00

Current Approval Amount

206892.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23324-1036

CD

VA-03

Jobs Reported

27

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

206892.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

208185.08

Forgiveness Date

09/24/2021

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