PPP Loan information for Ila properties inc

$332,700

Ila properties inc was initially approved for PPP Loan of amount $332,700, the current approved amount is $332,700. The loan was approved on 04/07/2020 by The Summit Community Bank, Inc. reported 32 jobs and $332,700 was used to fund payroll.

Ila properties inc is Startup, Loan Funds will Open Business

ILA PROPERTIES INC

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

ILA PROPERTIES INC

Borrower Address

4115 CHARLES TOWN RD

Borrower City

KEARNEYSVILLE

Borrower State

WV

Borrower Zip

25430-4985

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332700.00

Current Approval Amount

332700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Startup, Loan Funds will Open Business

Project City

KEARNEYSVILLE

Project County Name

JEFFERSON

Project State

WV

Project Zip

25430-4985

CD

WV-02

Jobs Reported

32

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16700.00

Payroll Proceed

266000.00

Mortgage Interest Proceed

50000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

336156.38

Forgiveness Date

04/27/2021

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