PPP Loan information for Village economy drug, inc

$35,775

Village economy drug, inc was initially approved for PPP Loan of amount $35,775, the current approved amount is $35,775. The loan was approved on 04/13/2020 by The New Peoples Bank, Inc. reported 5 jobs and $35,775 was used to fund payroll.

Village economy drug, inc is New Business or 2 years or less

VILLAGE ECONOMY DRUG, INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VILLAGE ECONOMY DRUG, INC

Borrower Address

443 Duff Path Hwy

Borrower City

DUFFIELD

Borrower State

VA

Borrower Zip

24244-5191

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35774.60

Current Approval Amount

35774.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DUFFIELD

Project County Name

SCOTT

Project State

VA

Project Zip

24244-5191

CD

VA-09

Jobs Reported

5

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35774.60

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

36005.15

Forgiveness Date

12/09/2020

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