PPP Loan information for Automatic leasing service, inc.

$547,200

Automatic leasing service, inc. was initially approved for PPP Loan of amount $547,200, the current approved amount is $547,200. The loan was approved on 04/09/2020 by The TowneBank reported 53 jobs and $547,200 was used to fund payroll.

Automatic leasing service, inc. is Existing or more than 2 years old

PPP Loan Search / VA / RICHMOND / Automatic leasing service, inc.

AUTOMATIC LEASING SERVICE, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AUTOMATIC LEASING SERVICE, INC.

Borrower Address

1737 Summit Ave

Borrower City

RICHMOND

Borrower State

VA

Borrower Zip

23230-4515

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

547200.00

Current Approval Amount

547200.00

Undisbursed Amount

0.00

Franchise Name

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

HENRICO

Project State

VA

Project Zip

23230-4515

CD

VA-04

Jobs Reported

53

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

547200.00

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

550787.20

Forgiveness Date

12/10/2020

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