PPP Loan information for Laurel district library commission

$54,600

Laurel district library commission was initially approved for PPP Loan of amount $54,600, the current approved amount is $54,600. The loan was approved on 05/26/2020 by The Virginia Partners Bank reported 16 jobs and $54,600 was used to fund payroll.

Laurel district library commission is Existing or more than 2 years old

LAUREL DISTRICT LIBRARY COMMISSION

Date Approved

05/26/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

LAUREL DISTRICT LIBRARY COMMISSION

Borrower Address

101 EAST 4TH STREET

Borrower City

LAUREL

Borrower State

DE

Borrower Zip

19956-1567

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54600.00

Current Approval Amount

54600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457564

Servicing Lender Name

Virginia Partners Bank

Servicing Lender Address

410 William St

Servicing Lender City

FREDERICKSBURG

Servicing Lender State

VA

Servicing Lender Zip

22401-5834

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

SUSSEX

Project State

DE

Project Zip

19956-1567

CD

DE-

Jobs Reported

16

NAICS Code

519120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54600.00

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

457564

Originating Lender

Virginia Partners Bank

Originating Lender City

FREDERICKSBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

54795.65

Forgiveness Date

10/13/2020

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