PPP Loan information for The independent capacity

$49,898

The independent capacity was initially approved for PPP Loan of amount $49,898, the current approved amount is $49,898. The loan was approved on 01/29/2021 by The Citizens and Farmers Bank reported 10 jobs and $49,898 was used to fund payroll.

The independent capacity is Existing or more than 2 years old

PPP Loan Search / VA / Chesterfield / The independent capacity

THE INDEPENDENT CAPACITY

Date Approved

01/29/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE INDEPENDENT CAPACITY

Borrower Address

9512 Summercreek Dr

Borrower City

Chesterfield

Borrower State

VA

Borrower Zip

23832-2595

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49897.50

Current Approval Amount

49897.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74135

Servicing Lender Name

Citizens and Farmers Bank

Servicing Lender Address

415 14th St

Servicing Lender City

WEST POINT

Servicing Lender State

VA

Servicing Lender Zip

23181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesterfield

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23832-2595

CD

VA-01

Jobs Reported

10

NAICS Code

623220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49891.50

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

74135

Originating Lender

Citizens and Farmers Bank

Originating Lender City

WEST POINT

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50128.53

Forgiveness Date

07/21/2021

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