PPP Loan information for Emg acquisition group llc

$367,600

Emg acquisition group llc was initially approved for PPP Loan of amount $367,600, the current approved amount is $367,600. The loan was approved on 01/30/2021 by The TowneBank reported 21 jobs and $367,600 was used to fund payroll.

Emg acquisition group llc is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Bch / Emg acquisition group llc

EMG ACQUISITION GROUP LLC

Date Approved

01/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

EMG ACQUISITION GROUP LLC

Borrower Address

272 Bendix Rd Ste 525

Borrower City

Virginia Bch

Borrower State

VA

Borrower Zip

23452-1394

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

367600.00

Current Approval Amount

367600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Virginia Bch

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23452-1394

CD

VA-02

Jobs Reported

21

NAICS Code

522291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

367600.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370540.80

Forgiveness Date

11/24/2021

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