Date Approved
04/13/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
KAREN L. LOFTIN, P.C.
Borrower Address
111 W GRAYSON ST
Borrower City
GALAX
Borrower State
VA
Borrower Zip
24333-2809
Loan Status Date
11/19/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
39500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
73473
Servicing Lender Name
Skyline National Bank
Servicing Lender Address
113 W Main St
Servicing Lender City
INDEPENDENCE
Servicing Lender State
Servicing Lender Zip
24348
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GALAX CITY
Project State
Project Zip
CD
VA-09
Jobs Reported
4
NAICS Code
541110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
9875.00
Payroll Proceed
29625.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
39681.81
Forgiveness Date
10/09/2020