PPP Loan information for Compass youth services, llc

$881,500

Compass youth services, llc was initially approved for PPP Loan of amount $881,500, the current approved amount is $881,500. The loan was approved on 04/07/2020 by The Southern Bank and Trust Company reported 136 jobs and $881,500 was used to fund payroll.

Compass youth services, llc is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Compass youth services, llc

COMPASS YOUTH SERVICES, LLC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COMPASS YOUTH SERVICES, LLC

Borrower Address

7460 CENTRAL BUSINESS PARK DR

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23513-2818

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

881500.00

Current Approval Amount

881500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23513-2818

CD

VA-03

Jobs Reported

136

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4600.00

Payroll Proceed

837435.00

Mortgage Interest Proceed

1800.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

37665.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

887621.53

Forgiveness Date

12/22/2020

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