PPP Loan information for 316 church inc

$85,800

316 church inc was initially approved for PPP Loan of amount $85,800, the current approved amount is $85,800. The loan was approved on 04/08/2020 by The TowneBank reported 18 jobs and $85,800 was used to fund payroll.

316 church inc is Existing or more than 2 years old

316 CHURCH INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

316 CHURCH INC

Borrower Address

3232 Battlefield Blvd S

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23322-2311

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85800.00

Current Approval Amount

85800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23322-2311

CD

VA-02

Jobs Reported

18

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85800.00

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

Non-Profit Organization

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

86314.80

Forgiveness Date

11/19/2020

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