PPP Loan information for Virginia peanuts inc

$40,600

Virginia peanuts inc was initially approved for PPP Loan of amount $40,600, the current approved amount is $40,600. The loan was approved on 03/20/2021 by The TowneBank reported 6 jobs and $40,600 was used to fund payroll.

Virginia peanuts inc is Existing or more than 2 years old

VIRGINIA PEANUTS INC

Date Approved

03/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

VIRGINIA PEANUTS INC

Borrower Address

21005 Old Cart Rd

Borrower City

Courtland

Borrower State

VA

Borrower Zip

23837-2474

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40600.00

Current Approval Amount

40600.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Courtland

Project County Name

SOUTHAMPTON

Project State

VA

Project Zip

23837-2474

CD

VA-04

Jobs Reported

6

NAICS Code

311911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40594.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40894.35

Forgiveness Date

12/16/2021

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