PPP Loan information for Root instance llc

$117,000

Root instance llc was initially approved for PPP Loan of amount $117,000, the current approved amount is $117,000. The loan was approved on 04/07/2020 by The Bank of Clarke reported 6 jobs and $117,000 was used to fund payroll.

Root instance llc is New Business or 2 years or less

PPP Loan Search / VA / STEPHENS CITY / Root instance llc

ROOT INSTANCE LLC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ROOT INSTANCE LLC

Borrower Address

5248 MULBERRY TER

Borrower City

STEPHENS CITY

Borrower State

VA

Borrower Zip

22655-2635

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117000.00

Current Approval Amount

117000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73092

Servicing Lender Name

Bank of Clarke

Servicing Lender Address

2 E Main St

Servicing Lender City

BERRYVILLE

Servicing Lender State

VA

Servicing Lender Zip

22611-1338

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STEPHENS CITY

Project County Name

FREDERICK

Project State

VA

Project Zip

22655-2635

CD

VA-06

Jobs Reported

6

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117000.00

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

73092

Originating Lender

Bank of Clarke

Originating Lender City

BERRYVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117841.75

Forgiveness Date

01/07/2021

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