As part of the Paycheck Protection Program PETERSBURG MOTOR COMPANY, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

PETERSBURG MOTOR COMPANY, INC


Loan Amount	$4,900,700
BusinessName	PETERSBURG MOTOR COMPANY, INC
Address	100 MYERS DR
City	CHARLOTTESVILLE
State	VA
Zip	22901
NAICSCode	441110
BusinessType	Employee Stock Ownership Plan(ESOP)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	0
DateApproved	04/08/2020
Lender	Virginia National Bank
CD	VA-05
BusinessName.clean	PETERSBURG MOTOR COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

PETERSEN AUTOMOTIVE INTEREST
PETERSEN AUTOMOTIVE MUSEUM FOUNDATION
PETERSEN BROTHERS
PETERSEN HEALTH OPERATIONS
PETERSEN HEALTH PROPERTIES