PPP Loan information for 1007 commerce street llc

$152,498

1007 commerce street llc was initially approved for PPP Loan of amount $152,498, the current approved amount is $152,498. The loan was approved on 02/05/2021 by The Bank of the James reported 10 jobs and $152,498 was used to fund payroll.

1007 commerce street llc is Existing or more than 2 years old

1007 COMMERCE STREET LLC

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

1007 COMMERCE STREET LLC

Borrower Address

1007 Commerce St

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24504-1701

Loan Status Date

04/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

152498.00

Current Approval Amount

152498.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24504-1701

CD

VA-05

Jobs Reported

10

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

152493.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

154247.49

Forgiveness Date

03/31/2022

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