PPP Loan information for Hope and life outreach

$119,700

Hope and life outreach was initially approved for PPP Loan of amount $150,600, the current approved amount is $119,700. The loan was approved on 05/05/2020 by The Virginia Partners Bank reported 33 jobs and $119,700 was used to fund payroll.

Hope and life outreach is Existing or more than 2 years old

PPP Loan Search / MD / SALISBURY / Hope and life outreach

HOPE AND LIFE OUTREACH

Date Approved

05/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

HOPE AND LIFE OUTREACH

Borrower Address

119 SOUTH BOULEVARD

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21804-6464

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150600.00

Current Approval Amount

119700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457564

Servicing Lender Name

Virginia Partners Bank

Servicing Lender Address

410 William St

Servicing Lender City

FREDERICKSBURG

Servicing Lender State

VA

Servicing Lender Zip

22401-5834

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-6464

CD

MD-01

Jobs Reported

33

NAICS Code

813110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119700.00

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

Non-Profit Organization

Originating Lender Location Id

457564

Originating Lender

Virginia Partners Bank

Originating Lender City

FREDERICKSBURG

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

120285.20

Forgiveness Date

11/05/2020

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