ADVANCED AUTOMOTIVE, INC (VA) - 2020 PPP Loan Borrower Profile (# 6740287109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED AUTOMOTIVE, 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

6740287109

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$329,472.5

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$332,721.46

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

329,472.5

Lender

Virginia National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

441310

Borrower Location

CHANTILLY, VA

Project Location

CHANTILLY, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.