PPP Loan information for Hope house foundation

$1,953,600

Hope house foundation was initially approved for PPP Loan of amount $1,953,600, the current approved amount is $1,953,600. The loan was approved on 04/07/2020 by The TowneBank reported 301 jobs and $1,953,600 was used to fund payroll.

Hope house foundation is Existing or more than 2 years old

HOPE HOUSE FOUNDATION

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HOPE HOUSE FOUNDATION

Borrower Address

801 Boush Street Suite 302

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23510-1503

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1953600.00

Current Approval Amount

1953600.00

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

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23510-1503

CD

VA-03

Jobs Reported

301

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1953600.00

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

1972647.60

Forgiveness Date

03/31/2021

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