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Fair Oaks Motors INC

$786,400 PPP Loan in Chantilly, Virginia

Loan Details

Loan Number
7455497010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$786,400
Current Approval
$1,362,000
Forgiveness Amount
$1,376,642
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fair Oaks Motors INC
Address
4170 Auto Park Cir
City
Chantilly
State
Virginia
ZIP Code
20151-1225
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
93
Estimated Revenue
$23.4M
Rural/Urban
Urban
Congressional District
VA-11

Loan Use Breakdown

Payroll
$1,362,000

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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