PPP Loan information for The studio inc

$267,500

The studio inc was initially approved for PPP Loan of amount $267,500, the current approved amount is $267,500. The loan was approved on 02/02/2021 by The Farmers & Merchants Bank reported 33 jobs and $267,500 was used to fund payroll.

The studio inc is Existing or more than 2 years old

THE STUDIO INC

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

267500.00

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

VA

Servicing Lender Zip

22853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Harrisonburg

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22801-3430

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

269989.24

Forgiveness Date

01/06/2022

;