PPP Loan information for Gate city funeral home, inc.

$106,254

Gate city funeral home, inc. was initially approved for PPP Loan of amount $74,460, the current approved amount is $106,254. The loan was approved on 04/08/2020 by The New Peoples Bank, Inc. reported 23 jobs and $106,254 was used to fund payroll.

Gate city funeral home, inc. is Existing or more than 2 years old

GATE CITY FUNERAL HOME, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

GATE CITY FUNERAL HOME, INC.

Borrower Address

136 BEECH ST

Borrower City

GATE CITY

Borrower State

VA

Borrower Zip

24251-3603

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74460.00

Current Approval Amount

106253.90

Undisbursed Amount

0.00

Franchise Name

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GATE CITY

Project County Name

SCOTT

Project State

VA

Project Zip

24251-3603

CD

VA-09

Jobs Reported

23

NAICS Code

812210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

106253.90

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

Corporation

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107325.29

Forgiveness Date

04/15/2021

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