PPP Loan information for The therapy network

$647,897

The therapy network was initially approved for PPP Loan of amount $474,700, the current approved amount is $647,897. The loan was approved on 04/09/2020 by The TowneBank reported 86 jobs and $647,897 was used to fund payroll.

The therapy network is Existing or more than 2 years old

THE THERAPY NETWORK

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE THERAPY NETWORK

Borrower Address

1450 Kempsville Road Suite 102

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23464-7302

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

474700.00

Current Approval Amount

647897.00

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

23464-7302

CD

VA-02

Jobs Reported

86

NAICS Code

621340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

647897.00

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

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

654573.94

Forgiveness Date

04/26/2021

;