PPP Loan information for Albemarle insurance agency inc.

$275,500

Albemarle insurance agency inc. was initially approved for PPP Loan of amount $275,500, the current approved amount is $275,500. The loan was approved on 04/05/2020 by The The First Bank and Trust Company reported 19 jobs and $275,500 was used to fund payroll.

Albemarle insurance agency inc. is New Business or 2 years or less

PPP Loan Search / VA / CHARLOTTESVILLE / Albemarle insurance agency inc.

ALBEMARLE INSURANCE AGENCY INC.

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ALBEMARLE INSURANCE AGENCY INC.

Borrower Address

3510 REMSON CT Ste 102

Borrower City

CHARLOTTESVILLE

Borrower State

VA

Borrower Zip

22901-3508

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275500.00

Current Approval Amount

275500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CHARLOTTESVILLE

Project County Name

ALBEMARLE

Project State

VA

Project Zip

22901-3508

CD

VA-05

Jobs Reported

19

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

275500.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

277566.25

Forgiveness Date

01/14/2021

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