PPP Loan information for Olly olly group llc

$566,300

Olly olly group llc was initially approved for PPP Loan of amount $566,300, the current approved amount is $566,300. The loan was approved on 04/06/2020 by The TowneBank reported 36 jobs and $566,300 was used to fund payroll.

Olly olly group llc is New Business or 2 years or less

OLLY OLLY GROUP LLC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OLLY OLLY GROUP LLC

Borrower Address

819 Bluecrab Road

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23606-4220

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

566300.00

Current Approval Amount

566300.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-4220

CD

VA-03

Jobs Reported

36

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

566300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

570389.94

Forgiveness Date

12/31/2020

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