PPP Loan information for Professional automotive llc

$60,300

Professional automotive llc was initially approved for PPP Loan of amount $60,300, the current approved amount is $60,300. The loan was approved on 05/14/2020 by The Virginia Partners Bank reported 8 jobs and $60,300 was used to fund payroll.

Professional automotive llc is Existing or more than 2 years old

PPP Loan Search / MD / FRUITLAND / Professional automotive llc

PROFESSIONAL AUTOMOTIVE LLC

Date Approved

05/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PROFESSIONAL AUTOMOTIVE LLC

Borrower Address

100 SOUTH FRUITLAND BLVD

Borrower City

FRUITLAND

Borrower State

MD

Borrower Zip

21826-1762

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60300.00

Current Approval Amount

60300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457564

Servicing Lender Name

Virginia Partners Bank

Servicing Lender Address

410 William St

Servicing Lender City

FREDERICKSBURG

Servicing Lender State

VA

Servicing Lender Zip

22401-5834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRUITLAND

Project County Name

WICOMICO

Project State

MD

Project Zip

21826-1762

CD

MD-01

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60300.00

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

457564

Originating Lender

Virginia Partners Bank

Originating Lender City

FREDERICKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60939.85

Forgiveness Date

06/08/2021

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