PPP Loan information for The virginia arts festival inc

$458,300

The virginia arts festival inc was initially approved for PPP Loan of amount $458,300, the current approved amount is $458,300. The loan was approved on 01/26/2021 by The TowneBank reported 32 jobs and $458,300 was used to fund payroll.

The virginia arts festival inc is Existing or more than 2 years old

PPP Loan Search / VA / Norfolk / The virginia arts festival inc

THE VIRGINIA ARTS FESTIVAL INC

Date Approved

01/26/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE VIRGINIA ARTS FESTIVAL INC

Borrower Address

440 Bank St

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23510-2401

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

458300.00

Current Approval Amount

458300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23510-2401

CD

VA-03

Jobs Reported

32

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

458297.00

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

Non-Profit Organization

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

463175.80

Forgiveness Date

02/25/2022

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