PPP Loan information for The velvet shoestring inc

$79,145

The velvet shoestring inc was initially approved for PPP Loan of amount $79,145, the current approved amount is $79,145. The loan was approved on 01/23/2021 by The Citizens and Farmers Bank reported 10 jobs and $79,145 was used to fund payroll.

The velvet shoestring inc is Existing or more than 2 years old

PPP Loan Search / VA / Williamsburg / The velvet shoestring inc

THE VELVET SHOESTRING INC

Date Approved

01/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE VELVET SHOESTRING INC

Borrower Address

311 Second St

Borrower City

Williamsburg

Borrower State

VA

Borrower Zip

23185-4572

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

79145.00

Current Approval Amount

79145.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Williamsburg

Project County Name

WILLIAMSBURG CITY

Project State

VA

Project Zip

23185-4572

CD

VA-01

Jobs Reported

10

NAICS Code

453310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

79141.00

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

79953.80

Forgiveness Date

02/01/2022

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