PPP Loan information for Cbg virgina beach, llc

$218,500

Cbg virgina beach, llc was initially approved for PPP Loan of amount $218,500, the current approved amount is $218,500. The loan was approved on 04/09/2020 by The Paragon Bank reported 62 jobs and $218,500 was used to fund payroll.

Cbg virgina beach, llc is Existing or more than 2 years old

CBG VIRGINA BEACH, LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CBG VIRGINA BEACH, LLC

Borrower Address

12090 JEFFERSON AVE

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23606-4489

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218500.00

Current Approval Amount

218500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433171

Servicing Lender Name

Paragon Bank

Servicing Lender Address

5400 Poplar Ave

Servicing Lender City

Memphis

Servicing Lender State

TN

Servicing Lender Zip

38119

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-4489

CD

VA-03

Jobs Reported

62

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

218500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

433171

Originating Lender

Paragon Bank

Originating Lender City

Memphis

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

220084.12

Forgiveness Date

01/08/2021

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