19 ATLANTIC HOTEL (VA) - 2020 PPP Loan Borrower Profile (# 1022288500)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 19 ATLANTIC HOTEL. 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

1022288500

SBA Office Code

0304

Processing Method

PPS

Curent Loan Amount

$52,800

Date Loan was Approved

Feb 18, 2021

Amount Forgiven

$53,093.33

Date Loan was Forgiven

Sep 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

52,796

Lender

TowneBank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Virginia Beach, VA

Project Location

Virginia Beach, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.