PPP Loan information for Faison group benefits inc

$264,866

Faison group benefits inc was initially approved for PPP Loan of amount $264,866, the current approved amount is $264,866. The loan was approved on 04/10/2020 by The VCC Bank reported 19 jobs and $264,866 was used to fund payroll.

Faison group benefits inc is Existing or more than 2 years old

PPP Loan Search / VA / ASHLAND / Faison group benefits inc

FAISON GROUP BENEFITS INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FAISON GROUP BENEFITS INC

Borrower Address

1 PO BOX 6009

Borrower City

ASHLAND

Borrower State

VA

Borrower Zip

23005-6009

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264866.15

Current Approval Amount

264866.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457934

Servicing Lender Name

VCC Bank

Servicing Lender Address

7814 Carousel Ln, Ste 100

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23294-4212

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

HANOVER

Project State

VA

Project Zip

23005-6009

CD

VA-05

Jobs Reported

19

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6625.08

Payroll Proceed

224707.74

Mortgage Interest Proceed

0.00

Rent Proceed

18598.56

Refinance EIDL Proceed

0.00

Health Care Proceed

14934.77

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

457934

Originating Lender

VCC Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

268109.85

Forgiveness Date

07/09/2021

;