PPP Loan information for Hope distributed community development corporation

$14,700

Hope distributed community development corporation was initially approved for PPP Loan of amount $14,700, the current approved amount is $14,700. The loan was approved on 04/08/2020 by The Farmers & Merchants Bank reported 5 jobs and $14,700 was used to fund payroll.

Hope distributed community development corporation is Existing or more than 2 years old

PPP Loan Search / VA / ROCKINGHAM / Hope distributed community development corporation

HOPE DISTRIBUTED COMMUNITY DEVELOPMENT CORPORATION

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HOPE DISTRIBUTED COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

1869 BOYERS RD

Borrower City

ROCKINGHAM

Borrower State

VA

Borrower Zip

22801-9328

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14700.00

Current Approval Amount

14700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKINGHAM

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22801-9328

CD

VA-06

Jobs Reported

5

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14700.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

14809.02

Forgiveness Date

01/07/2021

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