PPP Loan information for First atlantic restoration inc

$783,242

First atlantic restoration inc was initially approved for PPP Loan of amount $783,242, the current approved amount is $783,242. The loan was approved on 02/18/2021 by The The Old Point National Bank of Phoebus reported 68 jobs and $783,242 was used to fund payroll.

First atlantic restoration inc is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / First atlantic restoration inc

FIRST ATLANTIC RESTORATION INC

Date Approved

02/18/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FIRST ATLANTIC RESTORATION INC

Borrower Address

414 S Parliament Dr

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23462-6306

Loan Status Date

07/26/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

783242.00

Current Approval Amount

783242.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

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

23462-6306

CD

VA-02

Jobs Reported

68

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

783240.00

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

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

788702.94

Forgiveness Date

11/10/2021

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