PPP Loan information for South bay communications inc.

$446,200

South bay communications inc. was initially approved for PPP Loan of amount $446,200, the current approved amount is $446,200. The loan was approved on 04/09/2020 by The Atlantic Union Bank reported 40 jobs and $446,200 was used to fund payroll.

South bay communications inc. is Existing or more than 2 years old

SOUTH BAY COMMUNICATIONS INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTH BAY COMMUNICATIONS INC.

Borrower Address

820 Greenbrier Circle Suite 26

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-2624

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

446200.00

Current Approval Amount

446200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-2624

CD

VA-03

Jobs Reported

40

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

446200.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

449335.79

Forgiveness Date

12/31/2020

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