PPP Loan information for Positive alternative radio inc.

$571,000

Positive alternative radio inc. was initially approved for PPP Loan of amount $571,000, the current approved amount is $571,000. The loan was approved on 04/08/2020 by The Atlantic Union Bank reported 50 jobs and $571,000 was used to fund payroll.

Positive alternative radio inc. is Existing or more than 2 years old

POSITIVE ALTERNATIVE RADIO INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POSITIVE ALTERNATIVE RADIO INC.

Borrower Address

145 JACKSON ST NE P O Box 889

Borrower City

BLACKSBURG

Borrower State

VA

Borrower Zip

24060-3931

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

571000.00

Current Approval Amount

571000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLACKSBURG

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24060-3931

CD

VA-09

Jobs Reported

50

NAICS Code

515112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

571000.00

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

Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

577582.36

Forgiveness Date

06/11/2021

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