PPP Loan information for Virginia beach community development corporation

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VIRGINIA BEACH COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

2400 Potters Road

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23454-4322

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301212.00

Current Approval Amount

301212.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457934

Servicing Lender Name

VCC Bank

Servicing Lender Address

7814 Carousel Ln, Ste 100

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23294-4212

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23454-4322

CD

VA-02

Jobs Reported

26

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3788.00

Payroll Proceed

289174.00

Mortgage Interest Proceed

8250.00

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

457934

Originating Lender

VCC Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

304133.34

Forgiveness Date

04/08/2021