PPP Loan information for May 11 1991 inc

$879,000

May 11 1991 inc was initially approved for PPP Loan of amount $879,000, the current approved amount is $879,000. The loan was approved on 03/20/2021 by The City National Bank reported 43 jobs and $879,000 was used to fund payroll.

May 11 1991 inc is Existing or more than 2 years old

MAY 11 1991 INC

Date Approved

03/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MAY 11 1991 INC

Borrower Address

700 Harris St Ste 201

Borrower City

Charlottesville

Borrower State

VA

Borrower Zip

22903-4584

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

879000.00

Current Approval Amount

879000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Charlottesville

Project County Name

CHARLOTTESVILLE CITY

Project State

VA

Project Zip

22903-4584

CD

VA-05

Jobs Reported

43

NAICS Code

711130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

878998.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

887910.41

Forgiveness Date

03/31/2022

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