PPP Loan information for 3501 atlantic, llc

$699,340

3501 atlantic, llc was initially approved for PPP Loan of amount $595,000, the current approved amount is $699,340. The loan was approved on 04/13/2020 by The TowneBank reported 87 jobs and $699,340 was used to fund payroll.

3501 atlantic, llc is New Business or 2 years or less

PPP Loan Search / VA / VIRGINIA BEACH / 3501 atlantic, llc

3501 ATLANTIC, LLC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

3501 ATLANTIC, LLC

Borrower Address

3501 Atlantic Ave

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23451-2816

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

595000.00

Current Approval Amount

699340.00

Undisbursed Amount

0.00

Franchise Name

Sheraton

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-2816

CD

VA-02

Jobs Reported

87

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

699340.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

707265.85

Forgiveness Date

06/10/2021

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