PPP Loan information for Severn yachting llc

$56,100

Severn yachting llc was initially approved for PPP Loan of amount $56,100, the current approved amount is $56,100. The loan was approved on 04/07/2020 by The Chesapeake Bank reported 11 jobs and $56,100 was used to fund payroll.

Severn yachting llc is Existing or more than 2 years old

SEVERN YACHTING LLC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SEVERN YACHTING LLC

Borrower Address

295 ENON HALL RD

Borrower City

WHITE STONE

Borrower State

VA

Borrower Zip

22578-2728

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56100.00

Current Approval Amount

56100.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE STONE

Project County Name

LANCASTER

Project State

VA

Project Zip

22578-2728

CD

VA-01

Jobs Reported

11

NAICS Code

523920

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

51100.00

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

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56511.40

Forgiveness Date

12/31/2020

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