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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEWPORT NEWS CITY
Project State
Project Zip
CD
VA-03
Jobs Reported
62
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
220084.12
Forgiveness Date
01/08/2021