Berglund Luxury Auto INC
$405,500 PPP Loan in Lynchburg, Virginia
Loan Details
- Loan Number
- 6967297008
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $405,500
- Current Approval
- $405,500
- Forgiveness Amount
- $410,546
- Forgiveness Date
- Jul 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Berglund Luxury Auto INC
- Address
- 2643 Lakeside Drive
- City
- Lynchburg
- State
- Virginia
- ZIP Code
- 24501-6944
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Lincoln Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 30
- Estimated Revenue
- $7.6M
- Rural/Urban
- Urban
- Congressional District
- VA-05
Loan Use Breakdown
- Payroll
- $316,290
- Rent
- $72,990
- Utilities
- $12,165
- Mortgage Interest
- $4,055
Lender Information
- Servicing Lender
- Atlantic Union Bank
- Originating Lender
- Atlantic Union Bank
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