PPP Loan information for Mid atlantic dairy queen llc

$958,500

Mid atlantic dairy queen llc was initially approved for PPP Loan of amount $958,500, the current approved amount is $958,500. The loan was approved on 04/07/2020 by The TowneBank reported 282 jobs and $958,500 was used to fund payroll.

Mid atlantic dairy queen llc is Existing or more than 2 years old

MID ATLANTIC DAIRY QUEEN LLC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MID ATLANTIC DAIRY QUEEN LLC

Borrower Address

1343 Armory Drive

Borrower City

FRANKLIN

Borrower State

VA

Borrower Zip

23851-2419

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

958500.00

Current Approval Amount

958500.00

Undisbursed Amount

0.00

Franchise Name

Dairy Queen of VA., Inc - Dairy Queen Operating Agreement

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

FRANKLIN CITY

Project State

VA

Project Zip

23851-2419

CD

VA-02

Jobs Reported

282

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

958500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

964810.12

Forgiveness Date

12/09/2020

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