PPP Loan information for Moroccan 501 llc

$45,100

Moroccan 501 llc was initially approved for PPP Loan of amount $45,100, the current approved amount is $45,100. The loan was approved on 04/09/2020 by The Chesapeake Bank reported 14 jobs and $45,100 was used to fund payroll.

Moroccan 501 llc is New Business or 2 years or less

MOROCCAN 501 LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MOROCCAN 501 LLC

Borrower Address

9700 MILL POND RUN

Borrower City

TOANO

Borrower State

VA

Borrower Zip

23168-9605

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45100.00

Current Approval Amount

45100.00

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

New Business or 2 years or less

Project City

TOANO

Project County Name

JAMES CITY

Project State

VA

Project Zip

23168-9605

CD

VA-01

Jobs Reported

14

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3087.24

Payroll Proceed

33899.61

Mortgage Interest Proceed

0.00

Rent Proceed

8113.15

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45473.33

Forgiveness Date

02/09/2021

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