PPP Loan information for Atlantic shores christian schools inc

$859,300

Atlantic shores christian schools inc was initially approved for PPP Loan of amount $859,300, the current approved amount is $859,300. The loan was approved on 01/25/2021 by The TowneBank reported 121 jobs and $859,300 was used to fund payroll.

Atlantic shores christian schools inc is Existing or more than 2 years old

ATLANTIC SHORES CHRISTIAN SCHOOLS INC

Date Approved

01/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ATLANTIC SHORES CHRISTIAN SCHOOLS INC

Borrower Address

1217 Centerville Tpke N

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23320-3025

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

859300.00

Current Approval Amount

859300.00

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

23320-3025

CD

VA-02

Jobs Reported

121

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

859297.00

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

862689.46

Forgiveness Date

06/23/2021

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