PPP Loan information for National institute for learning development inc.

$85,100

National institute for learning development inc. was initially approved for PPP Loan of amount $85,100, the current approved amount is $85,100. The loan was approved on 01/30/2021 by The TowneBank reported 12 jobs and $85,100 was used to fund payroll.

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

NATIONAL INSTITUTE FOR LEARNING DEVELOPMENT INC.

Date Approved

01/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

NATIONAL INSTITUTE FOR LEARNING DEVELOPMENT INC.

Borrower Address

1540 Breezeport Way Ste 500

Borrower City

Suffolk

Borrower State

VA

Borrower Zip

23435-3755

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

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

23435-3755

CD

VA-02

Jobs Reported

12

NAICS Code

611710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85098.00

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

85768.98

Forgiveness Date

11/16/2021

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