PPP Loan information for Founders conference center llc

$1,644,300

Founders conference center llc was initially approved for PPP Loan of amount $1,644,300, the current approved amount is $1,644,300. The loan was approved on 03/12/2021 by The TowneBank reported 130 jobs and $1,644,300 was used to fund payroll.

Founders conference center llc is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / Founders conference center llc

FOUNDERS CONFERENCE CENTER LLC

Date Approved

03/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FOUNDERS CONFERENCE CENTER LLC

Borrower Address

5641 Indian River Rd

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23464-5247

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1644300.00

Current Approval Amount

1644300.00

Undisbursed Amount

0.00

Franchise Name

Tapestry Collection 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

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

23464-5247

CD

VA-02

Jobs Reported

130

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1644295.00

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

1654668.23

Forgiveness Date

10/27/2021

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