PPP Loan information for Atlantic sands inc

$520,500

Atlantic sands inc was initially approved for PPP Loan of amount $539,600, the current approved amount is $520,500. The loan was approved on 04/10/2020 by The TowneBank reported 31 jobs and $520,500 was used to fund payroll.

Atlantic sands inc is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Atlantic sands inc

ATLANTIC SANDS INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ATLANTIC SANDS INC

Borrower Address

1101 Atlantic Avenue

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23451-3503

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

539600.00

Current Approval Amount

520500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

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

23451-3503

CD

VA-02

Jobs Reported

31

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

520500.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

527078.54

Forgiveness Date

07/21/2021

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