PPP Loan information for Why not promotions inc.

$58,520

Why not promotions inc. was initially approved for PPP Loan of amount $58,520, the current approved amount is $58,520. The loan was approved on 01/21/2021 by The The First Bank and Trust Company reported 7 jobs and $58,520 was used to fund payroll.

Why not promotions inc. is Existing or more than 2 years old

WHY NOT PROMOTIONS INC.

Date Approved

01/21/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

WHY NOT PROMOTIONS INC.

Borrower Address

2075 Colby Dr

Borrower City

Forest

Borrower State

VA

Borrower Zip

24551-1821

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58520.00

Current Approval Amount

58520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Forest

Project County Name

BEDFORD

Project State

VA

Project Zip

24551-1821

CD

VA-05

Jobs Reported

7

NAICS Code

722330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

58515.00

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

Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58954.02

Forgiveness Date

10/26/2021

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