PPP Loan information for The author incubator llc

$627,142

The author incubator llc was initially approved for PPP Loan of amount $627,142, the current approved amount is $627,142. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 42 jobs and $627,142 was used to fund payroll.

The author incubator llc is Existing or more than 2 years old

THE AUTHOR INCUBATOR LLC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE AUTHOR INCUBATOR LLC

Borrower Address

612 Rivercrest Dr

Borrower City

Mc Lean

Borrower State

VA

Borrower Zip

22101

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

627141.80

Current Approval Amount

627141.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mc Lean

Project County Name

FAIRFAX

Project State

VA

Project Zip

22101-0001

CD

VA-08

Jobs Reported

42

NAICS Code

511130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

78364.60

Payroll Proceed

470412.60

Mortgage Interest Proceed

0.00

Rent Proceed

78364.60

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

632298.30

Forgiveness Date

02/11/2021

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