PPP Loan information for The author incubator

$541,205

The author incubator was initially approved for PPP Loan of amount $541,205, the current approved amount is $541,205. The loan was approved on 01/30/2021 by The Atlantic Union Bank reported 32 jobs and $541,205 was used to fund payroll.

The author incubator is Existing or more than 2 years old

PPP Loan Search / MD / Chesapeake Beach / The author incubator

THE AUTHOR INCUBATOR

Date Approved

01/30/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

THE AUTHOR INCUBATOR

Borrower Address

8711 C Street 8711 C Street

Borrower City

Chesapeake Beach

Borrower State

MD

Borrower Zip

20732

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

541205.00

Current Approval Amount

541205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake Beach

Project County Name

CALVERT

Project State

MD

Project Zip

20732

CD

MD-05

Jobs Reported

32

NAICS Code

511130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

541205.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

547639.33

Forgiveness Date

04/14/2022

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