PPP Loan information for Atlantic foundations, inc.

$1,335,600

Atlantic foundations, inc. was initially approved for PPP Loan of amount $1,335,600, the current approved amount is $1,335,600. The loan was approved on 04/08/2020 by The Atlantic Union Bank reported 125 jobs and $1,335,600 was used to fund payroll.

Atlantic foundations, inc. is Existing or more than 2 years old

ATLANTIC FOUNDATIONS, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ATLANTIC FOUNDATIONS, INC.

Borrower Address

1848 N Alanton Drive

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23454-1548

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1335600.00

Current Approval Amount

1335600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23454-1548

CD

VA-02

Jobs Reported

125

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1335600.00

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

Subchapter S Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1343984.60

Forgiveness Date

12/17/2020

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