PPP Loan information for Cares, incorporated

$50,000

Cares, incorporated was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/28/2020 by The The Bank of Southside Virginia reported 14 jobs and $50,000 was used to fund payroll.

Cares, incorporated is Existing or more than 2 years old

CARES, INCORPORATED

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CARES, INCORPORATED

Borrower Address

120 E Washington St

Borrower City

PETERSBURG

Borrower State

VA

Borrower Zip

23803-4310

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

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

Y

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

14

NAICS Code

624210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

50661.11

Forgiveness Date

08/24/2021

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