PPP Loan information for People solutions incorporated

$446,000

People solutions incorporated was initially approved for PPP Loan of amount $446,000, the current approved amount is $446,000. The loan was approved on 04/08/2020 by The Chesapeake Bank reported 35 jobs and $446,000 was used to fund payroll.

People solutions incorporated is Existing or more than 2 years old

PPP Loan Search / VA / RICHMOND / People solutions incorporated

PEOPLE SOLUTIONS INCORPORATED

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PEOPLE SOLUTIONS INCORPORATED

Borrower Address

1700 BAYBERRY CT

Borrower City

RICHMOND

Borrower State

VA

Borrower Zip

23226-3790

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

446000.00

Current Approval Amount

446000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

HENRICO

Project State

VA

Project Zip

23226-3790

CD

VA-01

Jobs Reported

35

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

402000.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

448973.33

Forgiveness Date

12/10/2020

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