PPP Loan information for Basinger foundations inc

$54,865

Basinger foundations inc was initially approved for PPP Loan of amount $54,865, the current approved amount is $54,865. The loan was approved on 05/04/2020 by The Farmers & Merchants Bank reported 4 jobs and $54,865 was used to fund payroll.

Basinger foundations inc is Existing or more than 2 years old

BASINGER FOUNDATIONS INC

Date Approved

05/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BASINGER FOUNDATIONS INC

Borrower Address

1735 MARIGOLD CIR

Borrower City

ROCKINGHAM

Borrower State

VA

Borrower Zip

22801-2439

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54865.00

Current Approval Amount

54865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKINGHAM

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22801-2439

CD

VA-06

Jobs Reported

4

NAICS Code

238110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

54865.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

55468.51

Forgiveness Date

06/15/2021

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