Petersburg Motor Company, INC
$4,900,700 PPP Loan in Charlottesville, Virginia
Loan Details
- Loan Number
- 8127287001
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,900,700
- Current Approval
- $4,900,700
- Forgiveness Amount
- $4,958,283
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Petersburg Motor Company, INC
- Address
- 100 Myers Dr
- City
- Charlottesville
- State
- Virginia
- ZIP Code
- 22901-1166
- Business Type
- Employee Stock Ownership Plan(esop)
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 367
- Estimated Revenue
- $92.5M
- Rural/Urban
- Rural
- Congressional District
- VA-05
Loan Use Breakdown
- Payroll
- $4,900,700
Lender Information
- Servicing Lender
- Virginia National Bank
- Originating Lender
- Virginia National Bank
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|---|---|---|
| Red Light Management LLC | $4,889,800 | |
| Faulconer Construction Company INC | $4,288,791 | |
| Apex Clean Energy INC | $4,101,500 | |
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