Priority Automotive Newport News, Inc.

$953,200 PPP Loan in Newport News, Virginia

Loan Details

Loan Number
8153257007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$953,200
Current Approval
$953,200
Forgiveness Amount
$961,461
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Priority Automotive Newport News, Inc.
Address
12925 Jefferson Ave.
ZIP Code
23608-1633
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Nissan North America, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
$23.7M
Rural/Urban
Urban
Congressional District
VA-03

Loan Use Breakdown

Payroll
$953,200

Lender Information

Servicing Lender
Townebank
Originating Lender
Townebank

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