PPP Loan information for Foster development

$27,962

Foster development was initially approved for PPP Loan of amount $27,962, the current approved amount is $27,962. The loan was approved on 04/29/2020 by The New Peoples Bank, Inc. reported 12 jobs and $27,962 was used to fund payroll.

Foster development is Existing or more than 2 years old

PPP Loan Search / VA / CHILHOWIE / Foster development

FOSTER DEVELOPMENT

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FOSTER DEVELOPMENT

Borrower Address

160 Hwy 107

Borrower City

CHILHOWIE

Borrower State

VA

Borrower Zip

24319-1001

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27962.00

Current Approval Amount

27962.00

Undisbursed Amount

0.00

Franchise Name

Subway

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

CHILHOWIE

Project County Name

SMYTH

Project State

VA

Project Zip

24319-1001

CD

VA-09

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27962.00

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

28243.95

Forgiveness Date

04/29/2021

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