PPP Loan information for Wasabi lynchburg inc

$195,000

Wasabi lynchburg inc was initially approved for PPP Loan of amount $195,000, the current approved amount is $195,000. The loan was approved on 04/09/2020 by The First National Bank reported 40 jobs and $195,000 was used to fund payroll.

Wasabi lynchburg inc is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Wasabi lynchburg inc

WASABI LYNCHBURG INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WASABI LYNCHBURG INC

Borrower Address

3700 Candlers Mountain Rd #2

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24502-2228

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195000.00

Current Approval Amount

195000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-2228

CD

VA-05

Jobs Reported

40

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

156000.00

Mortgage Interest Proceed

0.00

Rent Proceed

39000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

196516.67

Forgiveness Date

01/27/2021

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