PPP Loan information for First team, inc.

$2,160,400

First team, inc. was initially approved for PPP Loan of amount $2,160,400, the current approved amount is $2,160,400. The loan was approved on 04/10/2020 by The Atlantic Union Bank reported 197 jobs and $2,160,400 was used to fund payroll.

First team, inc. is Existing or more than 2 years old

FIRST TEAM, INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FIRST TEAM, INC.

Borrower Address

3400 WESTERN BRANCH BLVD

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23321-5108

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2160400.00

Current Approval Amount

2160400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23321-5108

CD

VA-03

Jobs Reported

197

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2160400.00

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

Subchapter S Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2185724.69

Forgiveness Date

06/11/2021

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