PPP Loan information for Care-a-lot, inc.

$867,000

Care-a-lot, inc. was initially approved for PPP Loan of amount $867,000, the current approved amount is $867,000. The loan was approved on 04/07/2020 by The TowneBank reported 157 jobs and $867,000 was used to fund payroll.

Care-a-lot, inc. is Existing or more than 2 years old

CARE-A-LOT, INC.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CARE-A-LOT, INC.

Borrower Address

1617 Diamond Springs Road

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23455-3009

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

867000.00

Current Approval Amount

867000.00

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

23455-3009

CD

VA-02

Jobs Reported

157

NAICS Code

453910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

867000.00

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

872418.75

Forgiveness Date

11/27/2020

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