501 SOUTH, LLC (VA) - 2020 PPP Loan Borrower Profile (# 9016677209)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 501 SOUTH, LLC. 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

9016677209

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$102,067

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$103,464.75

Date Loan was Forgiven

Sep 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

102,067

Lender

Atlantic Union Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

Virginia Beach, VA

Project Location

Virginia Beach, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.