Bill Hudgins Automotive INC

$171,300 PPP Loan in Gloucester, Virginia

Loan Details

Loan Number
6922387007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$171,300
Current Approval
$171,300
Forgiveness Amount
$172,661
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bill Hudgins Automotive INC
Address
6907 George Washington Memorial Hwy
ZIP Code
23061-5145
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
VA-01

Loan Use Breakdown

Payroll
$128,500
Rent
$4,000
Utilities
$20,000
Health Care
$6,500
Debt Interest
$12,300

Lender Information

Servicing Lender
Chesapeake Bank
Originating Lender
Chesapeake Bank

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