PPP Loan information for Higher grounds

$88,848

Higher grounds was initially approved for PPP Loan of amount $88,848, the current approved amount is $88,848. The loan was approved on 01/17/2021 by The Old Dominion National Bank reported 9 jobs and $88,848 was used to fund payroll.

Higher grounds is Existing or more than 2 years old

HIGHER GROUNDS

Date Approved

01/17/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

HIGHER GROUNDS

Borrower Address

2315 Fontaine Ave # 0

Borrower City

Charlottesville

Borrower State

VA

Borrower Zip

22903-2912

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88847.50

Current Approval Amount

88847.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Charlottesville

Project County Name

CHARLOTTESVILLE CITY

Project State

VA

Project Zip

22903-2912

CD

VA-05

Jobs Reported

9

NAICS Code

722310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88843.50

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

Subchapter S Corporation

Originating Lender Location Id

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89227.23

Forgiveness Date

07/02/2021

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