PPP Loan information for New town united methodist church

$77,100

New town united methodist church was initially approved for PPP Loan of amount $77,100, the current approved amount is $77,100. The loan was approved on 04/09/2020 by The Chesapeake Bank reported 18 jobs and $77,100 was used to fund payroll.

New town united methodist church is Existing or more than 2 years old

NEW TOWN UNITED METHODIST CHURCH

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEW TOWN UNITED METHODIST CHURCH

Borrower Address

5209 MONTICELLO AVE

Borrower City

WILLIAMSBURG

Borrower State

VA

Borrower Zip

23188-8213

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77100.00

Current Approval Amount

77100.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSBURG

Project County Name

JAMES CITY

Project State

VA

Project Zip

23188-8213

CD

VA-01

Jobs Reported

18

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4691.00

Payroll Proceed

61209.00

Mortgage Interest Proceed

9200.00

Rent Proceed

2000.00

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

77599.01

Forgiveness Date

12/03/2020

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