Southern of Lynnhaven, Inc.

$724,034 PPP Loan in Virginia Beach, Virginia

Loan Details

Loan Number
2761437107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$724,034
Current Approval
$724,034
Forgiveness Amount
$723,733
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern of Lynnhaven, Inc.
Address
2375 Virginia Beach Blvd
ZIP Code
23454-4007
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
VA-02

Loan Use Breakdown

Payroll
$724,034

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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