PPP Loan information for Bcak belmont chase llc

$384,000

Bcak belmont chase llc was initially approved for PPP Loan of amount $384,000, the current approved amount is $384,000. The loan was approved on 01/26/2021 by The TowneBank reported 37 jobs and $384,000 was used to fund payroll.

Bcak belmont chase llc is Existing or more than 2 years old

BCAK BELMONT CHASE LLC

Date Approved

01/26/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BCAK BELMONT CHASE LLC

Borrower Address

549 S Birdneck Rd Ste 101

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23451-5892

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

384000.00

Current Approval Amount

384000.00

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

Y

HLMI Indicator

Y

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

23451-5892

CD

VA-02

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

383995.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198746.44

Forgiveness Date

07/13/2022

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