PPP Loan information for S.b. ballard construction company

$1,668,320

S.b. ballard construction company was initially approved for PPP Loan of amount $1,668,320, the current approved amount is $1,668,320. The loan was approved on 03/27/2021 by The Southern Bank and Trust Company reported 87 jobs and $1,668,320 was used to fund payroll.

S.b. ballard construction company is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / S.b. ballard construction company

S.B. BALLARD CONSTRUCTION COMPANY

Date Approved

03/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

S.B. BALLARD CONSTRUCTION COMPANY

Borrower Address

2828 Shipps Corner Rd

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23453-2920

Loan Status Date

11/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1668320.00

Current Approval Amount

1668320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

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

23453-2920

CD

VA-02

Jobs Reported

87

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1668318.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1677588.44

Forgiveness Date

10/25/2021

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