PPP Loan information for Hampton roads academy

$1,545,900

Hampton roads academy was initially approved for PPP Loan of amount $1,545,900, the current approved amount is $1,545,900. The loan was approved on 04/09/2020 by The TowneBank reported 254 jobs and $1,545,900 was used to fund payroll.

Hampton roads academy is Existing or more than 2 years old

PPP Loan Search / VA / NEWPORT NEWS / Hampton roads academy

HAMPTON ROADS ACADEMY

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HAMPTON ROADS ACADEMY

Borrower Address

739 Academy Lane

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23602-7092

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1545900.00

Current Approval Amount

1545900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23602-7092

CD

VA-03

Jobs Reported

254

NAICS Code

814110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1545900.00

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

Non-Profit Organization

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1555475.99

Forgiveness Date

11/27/2020

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