PPP Loan information for Flexible benefit administrators, inc

$427,500

Flexible benefit administrators, inc was initially approved for PPP Loan of amount $427,500, the current approved amount is $427,500. The loan was approved on 04/09/2020 by The The Old Point National Bank of Phoebus reported 44 jobs and $427,500 was used to fund payroll.

Flexible benefit administrators, inc is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Flexible benefit administrators, inc

FLEXIBLE BENEFIT ADMINISTRATORS, INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FLEXIBLE BENEFIT ADMINISTRATORS, INC

Borrower Address

2875 SABRE ST, Ste 300

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23452-7338

Loan Status Date

05/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

427500.00

Current Approval Amount

427500.00

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

Y

HLMI Indicator

N

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

23452-7338

CD

VA-02

Jobs Reported

44

NAICS Code

524298

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3130.00

Payroll Proceed

381470.00

Mortgage Interest Proceed

0.00

Rent Proceed

42900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

436156.88

Forgiveness Date

04/20/2022

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