Farrell Automotive of Virginia, LLC
$228,800 PPP Loan in Bedford, Virginia
Loan Details
- Loan Number
- 7022157007
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $228,800
- Current Approval
- $228,800
- Forgiveness Amount
- $231,590
- Forgiveness Date
- Jun 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Farrell Automotive of Virginia, LLC
- Address
- 1415 Boxwood Terrace
- City
- Bedford
- State
- Virginia
- ZIP Code
- 24523-3450
- Business Type
- Limited Liability Company(llc)
- 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
- 20
- Estimated Revenue
- $5.0M
- Rural/Urban
- Rural
- Congressional District
- VA-09
Loan Use Breakdown
- Payroll
- $178,464
- Rent
- $41,184
- Utilities
- $6,864
- Mortgage Interest
- $2,288
Lender Information
- Servicing Lender
- Atlantic Union Bank
- Originating Lender
- Atlantic Union Bank
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