Peninsula Motor Cars Inc.

$1,584,800 PPP Loan in Newport News, Virginia

Loan Details

Loan Number
2952747109
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,584,800
Current Approval
$1,584,800
Forgiveness Amount
$1,597,743
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Peninsula Motor Cars Inc.
Address
12943 Jefferson Ave
ZIP Code
23608-1633
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
142
Estimated Revenue
$35.8M
Rural/Urban
Urban
Congressional District
VA-03

Loan Use Breakdown

Payroll
$1,584,800

Lender Information

Servicing Lender
Townebank
Originating Lender
Townebank

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