PPP Loan information for Stonebridge school

$484,000

Stonebridge school was initially approved for PPP Loan of amount $449,200, the current approved amount is $484,000. The loan was approved on 04/11/2020 by The TowneBank reported 83 jobs and $484,000 was used to fund payroll.

Stonebridge school is Existing or more than 2 years old

STONEBRIDGE SCHOOL

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

STONEBRIDGE SCHOOL

Borrower Address

1629 Jolliff Rd

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23321-1307

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

449200.00

Current Approval Amount

484000.00

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

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23321-1307

CD

VA-03

Jobs Reported

83

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

484000.00

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

Non-Profit Organization

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

487952.67

Forgiveness Date

02/17/2021

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