PPP Loan information for Norfolk botanical garden inc

$821,000

Norfolk botanical garden inc was initially approved for PPP Loan of amount $821,000, the current approved amount is $821,000. The loan was approved on 02/06/2021 by The TowneBank reported 98 jobs and $821,000 was used to fund payroll.

Norfolk botanical garden inc is Existing or more than 2 years old

NORFOLK BOTANICAL GARDEN INC

Date Approved

02/06/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

NORFOLK BOTANICAL GARDEN INC

Borrower Address

6700 Azalea Garden Rd

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23518-5336

Loan Status Date

03/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

821000.00

Current Approval Amount

821000.00

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

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23518-5336

CD

VA-03

Jobs Reported

98

NAICS Code

712130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

820998.00

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

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

831330.92

Forgiveness Date

05/12/2022

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