PPP Loan information for Longbay point mca llc

$592,900

Longbay point mca llc was initially approved for PPP Loan of amount $592,900, the current approved amount is $592,900. The loan was approved on 01/27/2021 by The TowneBank reported 48 jobs and $592,900 was used to fund payroll.

Longbay point mca llc is Existing or more than 2 years old

LONGBAY POINT MCA LLC

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

LONGBAY POINT MCA LLC

Borrower Address

2109 W Great Neck Rd Ste 102

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23451-1546

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

592900.00

Current Approval Amount

592900.00

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

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

23451-1546

CD

VA-02

Jobs Reported

48

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

592895.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

595551.58

Forgiveness Date

07/21/2021

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