PPP Loan information for Glenn development inc

$42,500

Glenn development inc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 02/02/2021 by The The Old Point National Bank of Phoebus reported 4 jobs and $42,500 was used to fund payroll.

Glenn development inc is Existing or more than 2 years old

PPP Loan Search / VA / Suffolk / Glenn development inc

GLENN DEVELOPMENT INC

Date Approved

02/02/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

GLENN DEVELOPMENT INC

Borrower Address

4220 Whaleyville Blvd

Borrower City

Suffolk

Borrower State

VA

Borrower Zip

23434-7775

Loan Status Date

06/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Suffolk

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23434-7775

CD

VA-02

Jobs Reported

4

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

42867.15

Forgiveness Date

12/20/2021

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