AD-VENTURES ADVERTISING INC T/A MERIDIAN GROUP (VA) - 2020 PPP Loan Borrower Profile (# 5996588307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AD-VENTURES ADVERTISING INC T/A MERIDIAN GROUP. 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

5996588307

SBA Office Code

0304

Processing Method

PPS

Curent Loan Amount

$319,500

Date Loan was Approved

Jan 26, 2021

Amount Forgiven

$321,301.62

Date Loan was Forgiven

Sep 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

319,498

Lender

TowneBank

Business Detail

Business Type

Subchapter S Corporation

NAICS

541810

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.