PPP Loan information for Cavalier ford portsmouth llc

$590,800

Cavalier ford portsmouth llc was initially approved for PPP Loan of amount $590,844, the current approved amount is $590,800. The loan was approved on 04/09/2020 by The Truist Bank reported 54 jobs and $590,800 was used to fund payroll.

Cavalier ford portsmouth llc is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / Cavalier ford portsmouth llc

CAVALIER FORD PORTSMOUTH LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CAVALIER FORD PORTSMOUTH LLC

Borrower Address

4021 PORTSMOUTH BLVD

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23321-2125

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

590843.95

Current Approval Amount

590800.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23321-2125

CD

VA-03

Jobs Reported

54

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

590800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

595148.94

Forgiveness Date

01/08/2021

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