PPP Loan information for Ovm financial, inc.

$2,294,100

Ovm financial, inc. was initially approved for PPP Loan of amount $2,294,100, the current approved amount is $2,294,100. The loan was approved on 04/06/2020 by The Southern Bank and Trust Company reported 161 jobs and $2,294,100 was used to fund payroll.

Ovm financial, inc. is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / Ovm financial, inc.

OVM FINANCIAL, INC.

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OVM FINANCIAL, INC.

Borrower Address

816 Greenbrier Circle

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-2624

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2294100.00

Current Approval Amount

2294100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-2624

CD

VA-03

Jobs Reported

161

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18000.00

Payroll Proceed

1991100.00

Mortgage Interest Proceed

0.00

Rent Proceed

180000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

105000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2323094.88

Forgiveness Date

07/14/2021

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