AMPERSAND GROUP INC (VA) - 2020 PPP Loan Borrower Profile (# 9301547008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMPERSAND GROUP INC. 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

9301547008

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$84,600

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$85,544.7

Date Loan was Forgiven

May 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

84,600

Lender

TowneBank

Business Detail

Business Type

Corporation

NAICS

811198

Borrower Location

NEWPORT NEWS, VA

Project Location

NEWPORT NEWS, 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.