PPP Loan information for The friends school

$278,700

The friends school was initially approved for PPP Loan of amount $278,700, the current approved amount is $278,700. The loan was approved on 02/01/2021 by The TowneBank reported 31 jobs and $278,700 was used to fund payroll.

The friends school is Existing or more than 2 years old

THE FRIENDS SCHOOL

Date Approved

02/01/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE FRIENDS SCHOOL

Borrower Address

1537 Laskin Rd

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23451-6111

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

278700.00

Current Approval Amount

278700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-6111

CD

VA-02

Jobs Reported

31

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

278696.00

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

Non-Profit Childcare Center

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

279659.97

Forgiveness Date

06/15/2021

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