PPP Loan information for Palm tree inn llc

$39,600

Palm tree inn llc was initially approved for PPP Loan of amount $39,600, the current approved amount is $39,600. The loan was approved on 05/20/2020 by The TowneBank reported 7 jobs and $39,600 was used to fund payroll.

Palm tree inn llc is Existing or more than 2 years old

PPP Loan Search / VA / COURTLAND / Palm tree inn llc

PALM TREE INN LLC

Date Approved

05/20/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PALM TREE INN LLC

Borrower Address

28070 Southhampton Parkway

Borrower City

COURTLAND

Borrower State

VA

Borrower Zip

23837

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39600.00

Current Approval Amount

39600.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COURTLAND

Project County Name

SOUTHAMPTON

Project State

VA

Project Zip

23837-0001

CD

VA-02

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39600.00

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

39936.60

Forgiveness Date

03/23/2021

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