PPP Loan information for Friendly city food cooperative

$211,500

Friendly city food cooperative was initially approved for PPP Loan of amount $211,500, the current approved amount is $211,500. The loan was approved on 04/28/2020 by The Park View FCU reported 37 jobs and $211,500 was used to fund payroll.

Friendly city food cooperative is Existing or more than 2 years old

FRIENDLY CITY FOOD COOPERATIVE

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FRIENDLY CITY FOOD COOPERATIVE

Borrower Address

150 E WOLFE ST

Borrower City

HARRISONBURG

Borrower State

VA

Borrower Zip

22802-4116

Loan Status Date

06/10/2020

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

211500.00

Current Approval Amount

211500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107326

Servicing Lender Name

Park View FCU

Servicing Lender Address

1675 Virginia Ave

Servicing Lender City

HARRISONBURG

Servicing Lender State

VA

Servicing Lender Zip

22802-8322

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HARRISONBURG

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22802-4116

CD

VA-06

Jobs Reported

37

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21148.67

Payroll Proceed

169202.66

Mortgage Interest Proceed

21148.67

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

107326

Originating Lender

Park View FCU

Originating Lender City

HARRISONBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

213585.62

Forgiveness Date

04/20/2021

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