PPP Loan information for Selma medical associates inc

$1,537,700

Selma medical associates inc was initially approved for PPP Loan of amount $1,537,700, the current approved amount is $1,537,700. The loan was approved on 04/09/2020 by The Summit Community Bank, Inc. reported 125 jobs and $1,537,700 was used to fund payroll.

Selma medical associates inc is Existing or more than 2 years old

PPP Loan Search / VA / WINCHESTER / Selma medical associates inc

SELMA MEDICAL ASSOCIATES INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SELMA MEDICAL ASSOCIATES INC

Borrower Address

104 SELMA DR

Borrower City

WINCHESTER

Borrower State

VA

Borrower Zip

22601-3834

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1537700.00

Current Approval Amount

1537700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

WINCHESTER CITY

Project State

VA

Project Zip

22601-3834

CD

VA-06

Jobs Reported

125

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17500.00

Payroll Proceed

1230200.00

Mortgage Interest Proceed

290000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1549830.74

Forgiveness Date

01/26/2021

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