Date Approved
02/02/2021
SBA Office Code
0304
Processing Method
PPS
Borrower Name
THE STUDIO INC
Borrower Address
353 Neff Ave
Borrower City
Harrisonburg
Borrower State
VA
Borrower Zip
22801-3430
Loan Status Date
02/05/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
267500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
73976
Servicing Lender Name
Farmers & Merchants Bank
Servicing Lender Address
165 New Market Rd
Servicing Lender City
TIMBERVILLE
Servicing Lender State
Servicing Lender Zip
22853
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HARRISONBURG CITY
Project State
Project Zip
CD
VA-06
Jobs Reported
33
NAICS Code
812112
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
267495.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
269989.24
Forgiveness Date
01/06/2022