PPP Loan information for Studio center corporation

$770,200

Studio center corporation was initially approved for PPP Loan of amount $975,000, the current approved amount is $770,200. The loan was approved on 04/09/2020 by The TowneBank reported 41 jobs and $770,200 was used to fund payroll.

Studio center corporation is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Studio center corporation

STUDIO CENTER CORPORATION

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

STUDIO CENTER CORPORATION

Borrower Address

161 Business Park Drive

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23462

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

975000.00

Current Approval Amount

770200.00

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

23462-0700

CD

VA-02

Jobs Reported

41

NAICS Code

541430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

770200.00

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 Partnership

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

776169.05

Forgiveness Date

01/26/2021

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