PPP Loan information for Cbg virginia beach llc

$305,900

Cbg virginia beach llc was initially approved for PPP Loan of amount $305,900, the current approved amount is $305,900. The loan was approved on 02/24/2021 by The Paragon Bank reported 54 jobs and $305,900 was used to fund payroll.

Cbg virginia beach llc is Existing or more than 2 years old

PPP Loan Search / VA / Newport News / Cbg virginia beach llc

CBG VIRGINIA BEACH LLC

Date Approved

02/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CBG VIRGINIA BEACH LLC

Borrower Address

12090 Jefferson Ave Ste 1500

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23606-4566

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

305900.00

Current Approval Amount

305900.00

Undisbursed Amount

0.00

Franchise Name

Mellow Mushroom

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

N

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

23606-4566

CD

VA-03

Jobs Reported

54

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

305896.00

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

308270.72

Forgiveness Date

12/08/2021

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