PPP Loan information for Virginia foundation solutions

$447,100

Virginia foundation solutions was initially approved for PPP Loan of amount $447,100, the current approved amount is $447,100. The loan was approved on 04/10/2020 by The First Bank reported 46 jobs and $447,100 was used to fund payroll.

Virginia foundation solutions is Existing or more than 2 years old

VIRGINIA FOUNDATION SOLUTIONS

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VIRGINIA FOUNDATION SOLUTIONS

Borrower Address

529 VIKING DR

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23452-7306

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

447100.00

Current Approval Amount

447100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

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

23452-7306

CD

VA-02

Jobs Reported

46

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23775.00

Payroll Proceed

353325.00

Mortgage Interest Proceed

70000.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

449770.35

Forgiveness Date

11/23/2020

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