PPP Loan information for Victorious community development corp

$116,300

Victorious community development corp was initially approved for PPP Loan of amount $116,300, the current approved amount is $116,300. The loan was approved on 05/07/2020 by The Mechanics & Farmers Bank reported 38 jobs and $116,300 was used to fund payroll.

Victorious community development corp is Unanswered

PPP Loan Search / NC / DURHAM / Victorious community development corp

VICTORIOUS COMMUNITY DEVELOPMENT CORP

Date Approved

05/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

VICTORIOUS COMMUNITY DEVELOPMENT CORP

Borrower Address

2116 Page Road

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27703

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116300.00

Current Approval Amount

116300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27703-0001

CD

NC-04

Jobs Reported

38

NAICS Code

813110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

116300.00

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

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

117147.56

Forgiveness Date

02/02/2021

;