PPP Loan information for Marching elites association

$40,000

Marching elites association was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/08/2020 by The Chesapeake Bank reported 13 jobs and $40,000 was used to fund payroll.

Marching elites association is Existing or more than 2 years old

MARCHING ELITES ASSOCIATION

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MARCHING ELITES ASSOCIATION

Borrower Address

227 E MERCURY BLVD

Borrower City

HAMPTON

Borrower State

VA

Borrower Zip

23669-2458

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23669-2458

CD

VA-03

Jobs Reported

13

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2200.00

Payroll Proceed

30000.00

Mortgage Interest Proceed

4000.00

Rent Proceed

3800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

40308.89

Forgiveness Date

01/20/2021

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