Checkered Flag Store #5, LLC

$1,408,300 PPP Loan in Virginia Beach, Virginia

Loan Details

Loan Number
9266017006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,408,300
Current Approval
$1,201,900
Forgiveness Amount
$1,210,180
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Checkered Flag Store #5, LLC
Address
5225 Virginia Beach Blvd
ZIP Code
23462-1825
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Bmw of North America, LLC - Center Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
98
Estimated Revenue
$24.7M
Rural/Urban
Urban
Congressional District
VA-02

Loan Use Breakdown

Payroll
$1,201,900

Lender Information

Servicing Lender
Townebank
Originating Lender
Townebank

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