PPP Loan information for Rita welsh adult literacy program

$81,000

Rita welsh adult literacy program was initially approved for PPP Loan of amount $81,000, the current approved amount is $81,000. The loan was approved on 04/08/2020 by The The Old Point National Bank of Phoebus reported 8 jobs and $81,000 was used to fund payroll.

Rita welsh adult literacy program is Existing or more than 2 years old

RITA WELSH ADULT LITERACY PROGRAM

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RITA WELSH ADULT LITERACY PROGRAM

Borrower Address

301 Monticello Ave PO Box 8795

Borrower City

WILLIAMSBURG

Borrower State

VA

Borrower Zip

23187-8795

Loan Status Date

05/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81000.00

Current Approval Amount

81000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSBURG

Project County Name

WILLIAMSBURG CITY

Project State

VA

Project Zip

23187-8795

CD

VA-01

Jobs Reported

8

NAICS Code

611630

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81000.00

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

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

81722.25

Forgiveness Date

03/18/2021

;