PPP Loan information for The automotive connection inc.

$48,850

The automotive connection inc. was initially approved for PPP Loan of amount $48,850, the current approved amount is $48,850. The loan was approved on 04/15/2020 by The The Bank of Marion reported 6 jobs and $48,850 was used to fund payroll.

The automotive connection inc. is Unanswered

THE AUTOMOTIVE CONNECTION INC.

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE AUTOMOTIVE CONNECTION INC.

Borrower Address

5391 Lee Hwy

Borrower City

ATKINS

Borrower State

VA

Borrower Zip

24311

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48850.00

Current Approval Amount

48850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ATKINS

Project County Name

SMYTH

Project State

VA

Project Zip

24311-0101

CD

VA-09

Jobs Reported

6

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1850.00

Payroll Proceed

47000.00

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

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

49448.25

Forgiveness Date

07/09/2021

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