PPP Loan information for Video palace inc

$10,717

Video palace inc was initially approved for PPP Loan of amount $10,717, the current approved amount is $10,717. The loan was approved on 04/29/2020 by The City National Bank of West Virginia reported 4 jobs and $10,717 was used to fund payroll.

Video palace inc is Existing or more than 2 years old

VIDEO PALACE INC

Date Approved

04/29/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

VIDEO PALACE INC

Borrower Address

420 3RD AVE

Borrower City

MONTGOMERY

Borrower State

WV

Borrower Zip

25136-2101

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10717.00

Current Approval Amount

10717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

FAYETTE

Project State

WV

Project Zip

25136-2101

CD

WV-01

Jobs Reported

4

NAICS Code

532282

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10717.00

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

Subchapter S Corporation

Originating Lender Location Id

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10774.75

Forgiveness Date

11/17/2020

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