PPP Loan information for Westgate apartments and townhomes

$296,458

Westgate apartments and townhomes was initially approved for PPP Loan of amount $296,458, the current approved amount is $296,458. The loan was approved on 04/28/2020 by The Fulton Bank, National Association reported 20 jobs and $296,458 was used to fund payroll.

Westgate apartments and townhomes is Existing or more than 2 years old

WESTGATE APARTMENTS AND TOWNHOMES

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WESTGATE APARTMENTS AND TOWNHOMES

Borrower Address

PO Box 5306

Borrower City

Charlottesville

Borrower State

VA

Borrower Zip

22905

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

296458.05

Current Approval Amount

296458.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

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

22905-0075

CD

VA-05

Jobs Reported

20

NAICS Code

531110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

37057.26

Payroll Proceed

222343.54

Mortgage Interest Proceed

37057.25

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

298549.73

Forgiveness Date

01/11/2021

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