PPP Loan information for King laps,inc.dba auto shop

$195,025

King laps,inc.dba auto shop was initially approved for PPP Loan of amount $195,025, the current approved amount is $195,025. The loan was approved on 04/07/2020 by The Atlantic Union Bank reported 16 jobs and $195,025 was used to fund payroll.

King laps,inc.dba auto shop is Existing or more than 2 years old

KING LAPS,INC.DBA AUTO SHOP

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

KING LAPS,INC.DBA AUTO SHOP

Borrower Address

211 Audreys Ct SE

Borrower City

VIENNA

Borrower State

VA

Borrower Zip

22180-5912

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195025.00

Current Approval Amount

195025.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIENNA

Project County Name

FAIRFAX

Project State

VA

Project Zip

22180-5912

CD

VA-11

Jobs Reported

16

NAICS Code

531120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

195025.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

196406.43

Forgiveness Date

12/22/2020

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