Coliseum Lincoln Mercury, Incorporated

$600,000 PPP Loan in Hampton, Virginia

Loan Details

Loan Number
8192467003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$600,000
Current Approval
$600,000
Forgiveness Amount
$604,550
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Coliseum Lincoln Mercury, Incorporated
Address
1134 W. Mercury Blvd
ZIP Code
23666-3322
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
144
Estimated Revenue
$36.3M
Rural/Urban
Urban
Congressional District
VA-03

Loan Use Breakdown

Payroll
$524,400
Rent
$60,000
Utilities
$15,600

Lender Information

Servicing Lender
The Old Point National Bank of Phoebus
Originating Lender
The Old Point National Bank of Phoebus

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