Dale Old Wrecker Service

$199,300 PPP Loan in Chesapeake, Virginia

Loan Details

Loan Number
1926267109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$199,300
Current Approval
$199,300
Forgiveness Amount
$201,365
Forgiveness Date
Apr 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dale Old Wrecker Service
Address
900 Mount Pleasant Rd
ZIP Code
23322-3420
Business Type
Corporation
Industry (NAICS)
Manufacturing (333923)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
VA-02

Loan Use Breakdown

Payroll
$168,600
Rent
$4,900
Utilities
$6,700
Mortgage Interest
$19,100

Lender Information

Servicing Lender
The Old Point National Bank of Phoebus
Originating Lender
The Old Point National Bank of Phoebus

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