PPP Loan information for Cares incorporated

$59,795

Cares incorporated was initially approved for PPP Loan of amount $59,795, the current approved amount is $59,795. The loan was approved on 04/02/2021 by The The Bank of Southside Virginia reported 6 jobs and $59,795 was used to fund payroll.

Cares incorporated is Existing or more than 2 years old

CARES INCORPORATED

Date Approved

04/02/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CARES INCORPORATED

Borrower Address

120 E Washington St

Borrower City

Petersburg

Borrower State

VA

Borrower Zip

23803-4310

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59795.00

Current Approval Amount

59795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73141

Servicing Lender Name

The Bank of Southside Virginia

Servicing Lender Address

17208 Halligan Park Rd

Servicing Lender City

CARSON

Servicing Lender State

VA

Servicing Lender Zip

23830-3208

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Petersburg

Project County Name

PETERSBURG CITY

Project State

VA

Project Zip

23803-4310

CD

VA-04

Jobs Reported

6

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59795.00

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

Non-Profit Organization

Originating Lender Location Id

73141

Originating Lender

The Bank of Southside Virginia

Originating Lender City

CARSON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

60560.71

Forgiveness Date

07/08/2022

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