1001 ENGINES & TRANSMISSIONS INC (VA) - 2020 PPP Loan Borrower Profile (# 1386298700)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 1001 ENGINES & TRANSMISSIONS 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 Virginia.
Loan Detail
Loan Number
1386298700
SBA Office Code
0304
Processing Method
PPS
Curent Loan Amount
$16,467
Date Loan was Approved
Mar 27, 2021
Amount Forgiven
$16,592.33
Date Loan was Forgiven
Dec 29, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
16,463
Lender
TowneBank
Business Detail
Business Type
Corporation
NAICS
811111
Borrower Location
Virginia Beach, VA
Project Location
Virginia Beach, VA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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