PPP Loan information for Atlantic labor solutions inc

$912,214

Atlantic labor solutions inc was initially approved for PPP Loan of amount $912,214, the current approved amount is $912,214. The loan was approved on 02/27/2021 by The ABNB FCU reported 47 jobs and $912,214 was used to fund payroll.

Atlantic labor solutions inc is Existing or more than 2 years old

PPP Loan Search / VA / Newport News / Atlantic labor solutions inc

ATLANTIC LABOR SOLUTIONS INC

Date Approved

02/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ATLANTIC LABOR SOLUTIONS INC

Borrower Address

421 North Ave

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23601-4546

Loan Status Date

05/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

912214.00

Current Approval Amount

912214.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107222

Servicing Lender Name

ABNB FCU

Servicing Lender Address

830 Greenbrier Circle

Servicing Lender City

CHESAPEAKE

Servicing Lender State

VA

Servicing Lender Zip

23320-2624

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23601-4546

CD

VA-03

Jobs Reported

47

NAICS Code

336611

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

912209.00

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

107222

Originating Lender

ABNB FCU

Originating Lender City

CHESAPEAKE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

922010.93

Forgiveness Date

03/31/2022

;