PPP Loan information for Anchor innovation, inc.

$853,471

Anchor innovation, inc. was initially approved for PPP Loan of amount $876,600, the current approved amount is $853,471. The loan was approved on 04/09/2020 by The Southern Bank and Trust Company reported 53 jobs and $853,471 was used to fund payroll.

Anchor innovation, inc. is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Anchor innovation, inc.

ANCHOR INNOVATION, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ANCHOR INNOVATION, INC.

Borrower Address

532 CENTRAL DR

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23454-5227

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

876600.00

Current Approval Amount

853471.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23454-5227

CD

VA-02

Jobs Reported

53

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

853471.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

860180.23

Forgiveness Date

01/26/2021

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