PPP Loan information for Young & thompson

$464,592

Young & thompson was initially approved for PPP Loan of amount $557,400, the current approved amount is $464,592. The loan was approved on 05/05/2020 by The Truist Bank reported 30 jobs and $464,592 was used to fund payroll.

Young & thompson is Existing or more than 2 years old

YOUNG & THOMPSON

Date Approved

05/05/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

YOUNG & THOMPSON

Borrower Address

209 Madison Street Suite 500

Borrower City

Alexandria

Borrower State

VA

Borrower Zip

22314

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

557400.00

Current Approval Amount

464592.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

ALEXANDRIA CITY

Project State

VA

Project Zip

22314-0001

CD

VA-08

Jobs Reported

30

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

464592.00

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

Partnership

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

468450.69

Forgiveness Date

03/09/2021

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