PPP Loan information for Hope medical institute inc

$178,000

Hope medical institute inc was initially approved for PPP Loan of amount $178,000, the current approved amount is $178,000. The loan was approved on 04/27/2020 by The TowneBank reported 11 jobs and $178,000 was used to fund payroll.

Hope medical institute inc is Existing or more than 2 years old

PPP Loan Search / VA / NEWPORT NEWS / Hope medical institute inc

HOPE MEDICAL INSTITUTE INC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HOPE MEDICAL INSTITUTE INC

Borrower Address

11835 Rock Landing Dr

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23606

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178000.00

Current Approval Amount

178000.00

Undisbursed Amount

0.00

Franchise Name

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-0001

CD

VA-03

Jobs Reported

11

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

178000.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

179676.17

Forgiveness Date

04/05/2021

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