PPP Loan information for Virtual corporation inc

$464,032

Virtual corporation inc was initially approved for PPP Loan of amount $464,032, the current approved amount is $464,032. The loan was approved on 04/11/2020 by The Truist Bank reported 31 jobs and $464,032 was used to fund payroll.

Virtual corporation inc is Existing or more than 2 years old

VIRTUAL CORPORATION INC

Date Approved

04/11/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

VIRTUAL CORPORATION INC

Borrower Address

7 WAYMAN LN

Borrower City

BAR HARBOR

Borrower State

ME

Borrower Zip

04609-1624

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

464032.00

Current Approval Amount

464032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAR HARBOR

Project County Name

HANCOCK

Project State

ME

Project Zip

04609-1624

CD

ME-02

Jobs Reported

31

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

464032.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

470180.42

Forgiveness Date

08/12/2021

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