123 DRIVE! DRIVING ACADEMY INC (SC) - 2020 PPP Loan Borrower Profile (# 3680638401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 123 DRIVE! DRIVING ACADEMY INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in South Carolina.

Loan Detail

Loan Number

3680638401

SBA Office Code

0464

Processing Method

PPS

Curent Loan Amount

$20,700

Date Loan was Approved

Feb 5, 2021

Amount Forgiven

$20,925.4

Date Loan was Forgiven

Mar 21, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,699

Lender

South Atlantic Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

611692

Borrower Location

Hilton Head Island, SC

Project Location

Hilton Head Island, SC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.