PPP Loan information for Peninsula institute for community health

$620,000

Peninsula institute for community health was initially approved for PPP Loan of amount $620,000, the current approved amount is $620,000. The loan was approved on 02/27/2021 by The TowneBank reported 150 jobs and $620,000 was used to fund payroll.

Peninsula institute for community health is Existing or more than 2 years old

PENINSULA INSTITUTE FOR COMMUNITY HEALTH

Date Approved

02/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PENINSULA INSTITUTE FOR COMMUNITY HEALTH

Borrower Address

1033 28th St

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23607-4233

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

620000.00

Current Approval Amount

620000.00

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

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23607-4233

CD

VA-03

Jobs Reported

150

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

620000.00

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

622066.67

Forgiveness Date

06/30/2021

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