PPP Loan information for Bates family farm, llc

$25,630

Bates family farm, llc was initially approved for PPP Loan of amount $20,265, the current approved amount is $25,630. The loan was approved on 04/08/2020 by The New Peoples Bank, Inc. reported 7 jobs and $25,630 was used to fund payroll.

Bates family farm, llc is Existing or more than 2 years old

BATES FAMILY FARM, LLC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BATES FAMILY FARM, LLC

Borrower Address

22081 US HIGHWAY 19

Borrower City

CEDAR BLUFF

Borrower State

VA

Borrower Zip

24609-9063

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20265.00

Current Approval Amount

25630.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR BLUFF

Project County Name

TAZEWELL

Project State

VA

Project Zip

24609-9063

CD

VA-09

Jobs Reported

7

NAICS Code

112420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25630.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25848.57

Forgiveness Date

02/19/2021

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