PPP Loan information for Powhatan auto repair inc.

$106,900

Powhatan auto repair inc. was initially approved for PPP Loan of amount $106,900, the current approved amount is $106,900. The loan was approved on 04/08/2020 by The New Horizon Bank, National Association reported 6 jobs and $106,900 was used to fund payroll.

Powhatan auto repair inc. is Existing or more than 2 years old

PPP Loan Search / VA / POWHATAN / Powhatan auto repair inc.

POWHATAN AUTO REPAIR INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POWHATAN AUTO REPAIR INC.

Borrower Address

4050 Anderson Highway

Borrower City

POWHATAN

Borrower State

VA

Borrower Zip

23139-5739

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106900.00

Current Approval Amount

106900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

470277

Servicing Lender Name

New Horizon Bank, National Association

Servicing Lender Address

1870 Stoneridge Commerce Dr

Servicing Lender City

POWHATAN

Servicing Lender State

VA

Servicing Lender Zip

23139-6640

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POWHATAN

Project County Name

POWHATAN

Project State

VA

Project Zip

23139-5739

CD

VA-05

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

106900.00

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

470277

Originating Lender

New Horizon Bank, National Association

Originating Lender City

POWHATAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

108188.66

Forgiveness Date

07/02/2021

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