PPP Loan information for Cookit, inc

$286,000

Cookit, inc was initially approved for PPP Loan of amount $286,000, the current approved amount is $286,000. The loan was approved on 04/07/2020 by The The Old Point National Bank of Phoebus reported 124 jobs and $286,000 was used to fund payroll.

Cookit, inc is Existing or more than 2 years old

COOKIT, INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COOKIT, INC

Borrower Address

1620 LASKIN RD

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23451-6114

Loan Status Date

05/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

286000.00

Current Approval Amount

286000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-6114

CD

VA-02

Jobs Reported

124

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3900.00

Payroll Proceed

253600.00

Mortgage Interest Proceed

0.00

Rent Proceed

28500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

288931.50

Forgiveness Date

05/03/2021

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