PPP Loan information for Commerce center associates lc

$591,500

Commerce center associates lc was initially approved for PPP Loan of amount $591,500, the current approved amount is $591,500. The loan was approved on 04/07/2020 by The TowneBank reported 91 jobs and $591,500 was used to fund payroll.

Commerce center associates lc is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Commerce center associates lc

COMMERCE CENTER ASSOCIATES LC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COMMERCE CENTER ASSOCIATES LC

Borrower Address

1900 Pavillion Drive

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23451

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

591500.00

Current Approval Amount

591500.00

Undisbursed Amount

0.00

Franchise Name

DoubleTree by Hilton

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

Y

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

23451-0001

CD

VA-02

Jobs Reported

91

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

591500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

598959.47

Forgiveness Date

07/13/2021

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