PPP Loan information for South boston news, inc

$42,776

South boston news, inc was initially approved for PPP Loan of amount $42,776, the current approved amount is $42,776. The loan was approved on 04/10/2020 by The Benchmark Community Bank reported 15 jobs and $42,776 was used to fund payroll.

South boston news, inc is Existing or more than 2 years old

SOUTH BOSTON NEWS, INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTH BOSTON NEWS, INC

Borrower Address

511 BROAD ST

Borrower City

SOUTH BOSTON

Borrower State

VA

Borrower Zip

24592-3225

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42776.12

Current Approval Amount

42776.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BOSTON

Project County Name

HALIFAX

Project State

VA

Project Zip

24592-3225

CD

VA-05

Jobs Reported

15

NAICS Code

511110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10694.03

Payroll Proceed

32082.09

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

Subchapter S Corporation

Originating Lender Location Id

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43113.64

Forgiveness Date

02/01/2021

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