PPP Loan information for The velvet shoestring

$79,100

The velvet shoestring was initially approved for PPP Loan of amount $79,100, the current approved amount is $79,100. The loan was approved on 04/05/2020 by The Citizens and Farmers Bank reported 10 jobs and $79,100 was used to fund payroll.

The velvet shoestring is Existing or more than 2 years old

PPP Loan Search / VA / WILLIAMSBURG / The velvet shoestring

THE VELVET SHOESTRING

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE VELVET SHOESTRING

Borrower Address

311 Second St

Borrower City

WILLIAMSBURG

Borrower State

VA

Borrower Zip

23188

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79100.00

Current Approval Amount

79100.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSBURG

Project County Name

JAMES CITY

Project State

VA

Project Zip

23188-0001

CD

VA-01

Jobs Reported

10

NAICS Code

453310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79100.00

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

74135

Originating Lender

Citizens and Farmers Bank

Originating Lender City

WEST POINT

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79843.32

Forgiveness Date

03/18/2021

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