PPP Loan information for Channel 49 acquisition corp

$459,500

Channel 49 acquisition corp was initially approved for PPP Loan of amount $459,500, the current approved amount is $459,500. The loan was approved on 04/07/2020 by The Citizens and Farmers Bank reported 52 jobs and $459,500 was used to fund payroll.

Channel 49 acquisition corp is Existing or more than 2 years old

PPP Loan Search / VA / HAMPTON / Channel 49 acquisition corp

CHANNEL 49 ACQUISITION CORP

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHANNEL 49 ACQUISITION CORP

Borrower Address

220 Salters Creek Rd

Borrower City

HAMPTON

Borrower State

VA

Borrower Zip

23661-1909

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

459500.00

Current Approval Amount

459500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74135

Servicing Lender Name

Citizens and Farmers Bank

Servicing Lender Address

415 14th St

Servicing Lender City

WEST POINT

Servicing Lender State

VA

Servicing Lender Zip

23181

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23661-1909

CD

VA-03

Jobs Reported

52

NAICS Code

515120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

459500.00

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

74135

Originating Lender

Citizens and Farmers Bank

Originating Lender City

WEST POINT

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

464988.82

Forgiveness Date

06/24/2021

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