PPP Loan information for Priority automotive chesapeake, inc.

$410,300

Priority automotive chesapeake, inc. was initially approved for PPP Loan of amount $410,300, the current approved amount is $410,300. The loan was approved on 04/08/2020 by The TowneBank reported 42 jobs and $410,300 was used to fund payroll.

Priority automotive chesapeake, inc. is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / Priority automotive chesapeake, inc.

PRIORITY AUTOMOTIVE CHESAPEAKE, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PRIORITY AUTOMOTIVE CHESAPEAKE, INC.

Borrower Address

1812 Greenbrier Parkway

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-2606

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

410300.00

Current Approval Amount

410300.00

Undisbursed Amount

0.00

Franchise Name

Infiniti Dealer Sales and Service 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

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-2606

CD

VA-03

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

410300.00

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

413855.93

Forgiveness Date

02/23/2021

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