PPP Loan information for Southern of lynnhaven, inc.

$724,034

Southern of lynnhaven, inc. was initially approved for PPP Loan of amount $724,034, the current approved amount is $724,034. The loan was approved on 04/11/2020 by The Ally Bank reported 75 jobs and $724,034 was used to fund payroll.

Southern of lynnhaven, inc. is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Southern of lynnhaven, inc.

SOUTHERN OF LYNNHAVEN, INC.

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTHERN OF LYNNHAVEN, INC.

Borrower Address

2375 Virginia Beach Blvd

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23454-4007

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

724033.85

Current Approval Amount

724033.85

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23454-4007

CD

VA-02

Jobs Reported

75

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

724033.85

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

723733.14

Forgiveness Date

02/10/2021

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