PPP Loan information for Young men's christian association of the virginia peninsulas

$2,455,980

Young men's christian association of the virginia peninsulas was initially approved for PPP Loan of amount $2,455,980, the current approved amount is $2,455,980. The loan was approved on 03/20/2021 by The Chesapeake Bank reported 125 jobs and $2,455,980 was used to fund payroll.

Young men's christian association of the virginia peninsulas is Existing or more than 2 years old

YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE VIRGINIA PENINSULAS

Date Approved

03/20/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE VIRGINIA PENINSULAS

Borrower Address

41 Old Oyster Point Rd Ste C

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23602-7177

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2455980.00

Current Approval Amount

2455980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23602-7177

CD

VA-03

Jobs Reported

125

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

2455976.00

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

Non-Profit Organization

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2471193.43

Forgiveness Date

11/02/2021

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