PPP Loan information for National institute for learning development

$85,100

National institute for learning development was initially approved for PPP Loan of amount $85,100, the current approved amount is $85,100. The loan was approved on 04/10/2020 by The TowneBank reported 6 jobs and $85,100 was used to fund payroll.

National institute for learning development is Existing or more than 2 years old

PPP Loan Search / VA / SUFFOLK / National institute for learning development

NATIONAL INSTITUTE FOR LEARNING DEVELOPMENT

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NATIONAL INSTITUTE FOR LEARNING DEVELOPMENT

Borrower Address

1540 BREEZEPORT WAY #500

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23435-3726

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85100.00

Current Approval Amount

85100.00

Undisbursed Amount

0.00

Franchise Name

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23435-3726

CD

VA-02

Jobs Reported

6

NAICS Code

611691

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85100.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

85721.70

Forgiveness Date

01/19/2021

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