AMERICAN AUTOMOBILE INSTITUTION INC (VA) - 2020 PPP Loan Borrower Profile (# 1957637203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN AUTOMOBILE INSTITUTION 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

1957637203

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$31,104

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$31,445.28

Date Loan was Forgiven

Jun 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

31,104

Lender

Atlantic Union Bank

Business Detail

Business Type

Corporation

NAICS

441120

Borrower Location

Stafford, VA

Project Location

Stafford, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.