PPP Loan information for Beneficial associates inc

$91,855

Beneficial associates inc was initially approved for PPP Loan of amount $91,855, the current approved amount is $91,855. The loan was approved on 01/27/2021 by The Bank of the James reported 10 jobs and $91,855 was used to fund payroll.

Beneficial associates inc is Existing or more than 2 years old

PPP Loan Search / VA / Lynchburg / Beneficial associates inc

BENEFICIAL ASSOCIATES INC

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BENEFICIAL ASSOCIATES INC

Borrower Address

115 Goldenrod Pl

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24502-2997

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91855.00

Current Approval Amount

91855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-2997

CD

VA-05

Jobs Reported

10

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

91855.00

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

Subchapter S Corporation

Originating Lender Location Id

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92431.65

Forgiveness Date

09/13/2021

;