PPP Loan information for First residential mortgage corporation

$64,974

First residential mortgage corporation was initially approved for PPP Loan of amount $64,974, the current approved amount is $64,974. The loan was approved on 04/28/2020 by The New Peoples Bank, Inc. reported 8 jobs and $64,974 was used to fund payroll.

First residential mortgage corporation is Existing or more than 2 years old

PPP Loan Search / VA / MARION / First residential mortgage corporation

FIRST RESIDENTIAL MORTGAGE CORPORATION

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FIRST RESIDENTIAL MORTGAGE CORPORATION

Borrower Address

652 North Main Street

Borrower City

MARION

Borrower State

VA

Borrower Zip

24354-3341

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64973.75

Current Approval Amount

64973.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

SMYTH

Project State

VA

Project Zip

24354-3341

CD

VA-09

Jobs Reported

8

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64973.75

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

Subchapter S Corporation

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65650.56

Forgiveness Date

05/12/2021

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