PPP Loan information for Atlantic sands inc

$348,334

Atlantic sands inc was initially approved for PPP Loan of amount $348,334, the current approved amount is $348,334. The loan was approved on 02/24/2021 by The TowneBank reported 46 jobs and $348,334 was used to fund payroll.

Atlantic sands inc is Existing or more than 2 years old

ATLANTIC SANDS INC

Date Approved

02/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ATLANTIC SANDS INC

Borrower Address

1101 Atlantic Ave

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23451-3503

Loan Status Date

08/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

348334.00

Current Approval Amount

348334.00

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

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-3503

CD

VA-02

Jobs Reported

46

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

348331.00

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

Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

353249.38

Forgiveness Date

07/19/2022

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