PPP Loan information for Fortune investment group

$415,000

Fortune investment group was initially approved for PPP Loan of amount $415,000, the current approved amount is $415,000. The loan was approved on 06/05/2020 by The Celtic Bank Corporation reported 12 jobs and $415,000 was used to fund payroll.

Fortune investment group is Existing or more than 2 years old

FORTUNE INVESTMENT GROUP

Date Approved

06/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FORTUNE INVESTMENT GROUP

Borrower Address

401 Ivy Crescent

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23325-4307

Loan Status Date

12/18/2021

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

415000.00

Current Approval Amount

415000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23325-4307

CD

VA-03

Jobs Reported

12

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

51875.00

Payroll Proceed

311250.00

Mortgage Interest Proceed

0.00

Rent Proceed

51875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;