1850 WEST ENTERPRISE (VA) - 2020 PPP Loan Borrower Profile (# 8541057302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1850 WEST ENTERPRISE. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Virginia.

Loan Detail

Loan Number
8541057302
SBA Office Code
0304
Processing Method
PPP
Curent Loan Amount
$100,000
Date Loan was Approved
May 1, 2020
Amount Forgiven
$101,061.11
Date Loan was Forgiven
May 19, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
100,000
Lender
WebBank

Business Detail

Business Type
Professional Association
NAICS
621610
Borrower Location
Virginia Beach, VA
Project Location
Virginia Beach, VA
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
10
Business Age Description
New Business or 2 years or less
Data Source: SBA.