PPP Loan information for Capital area title llc

$414,618

Capital area title llc was initially approved for PPP Loan of amount $414,618, the current approved amount is $414,618. The loan was approved on 04/09/2020 by The MVB Bank, Inc. reported 30 jobs and $414,618 was used to fund payroll.

Capital area title llc is New Business or 2 years or less

PPP Loan Search / VA / MC LEAN / Capital area title llc

CAPITAL AREA TITLE LLC

Date Approved

04/09/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CAPITAL AREA TITLE LLC

Borrower Address

6862 Elm St, S740

Borrower City

MC LEAN

Borrower State

VA

Borrower Zip

22101

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414618.00

Current Approval Amount

414618.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MC LEAN

Project County Name

FAIRFAX

Project State

VA

Project Zip

22101-0001

CD

VA-08

Jobs Reported

30

NAICS Code

541191

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

414618.00

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

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

417485.77

Forgiveness Date

12/22/2020

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