PPP Loan information for Foster development inc.

$35,000

Foster development inc. was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 03/17/2021 by The New Peoples Bank, Inc. reported 10 jobs and $35,000 was used to fund payroll.

Foster development inc. is Existing or more than 2 years old

PPP Loan Search / VA / CHILHOWIE / Foster development inc.

FOSTER DEVELOPMENT INC.

Date Approved

03/17/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FOSTER DEVELOPMENT INC.

Borrower Address

160 HWY. 107

Borrower City

CHILHOWIE

Borrower State

VA

Borrower Zip

24319

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

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

CD

VA-09

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34995.00

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

35180.83

Forgiveness Date

09/22/2021

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