PPP Loan information for Affordable companies, llc

$61,300

Affordable companies, llc was initially approved for PPP Loan of amount $61,300, the current approved amount is $61,300. The loan was approved on 04/06/2020 by The Cornerstone Bank reported 14 jobs and $61,300 was used to fund payroll.

Affordable companies, llc is Existing or more than 2 years old

AFFORDABLE COMPANIES, LLC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AFFORDABLE COMPANIES, LLC

Borrower Address

9110 Sam Snead Highway

Borrower City

HOT SPRINGS

Borrower State

VA

Borrower Zip

24445-2716

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61300.00

Current Approval Amount

61300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOT SPRINGS

Project County Name

BATH

Project State

VA

Project Zip

24445-2716

CD

VA-06

Jobs Reported

14

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49300.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61755.13

Forgiveness Date

01/07/2021

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