Date Approved
04/13/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
425 WATER LLC
Borrower Address
425 Water Street
Borrower City
PORTSMOUTH
Borrower State
VA
Borrower Zip
23704-3801
Loan Status Date
07/29/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
595200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Renaissance by Marriott
Servicing Lender Location Id
123548
Servicing Lender Name
TowneBank
Servicing Lender Address
5716 High St West
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
23703-4502
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PORTSMOUTH CITY
Project State
Project Zip
CD
VA-03
Jobs Reported
122
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
602077.87
Forgiveness Date
06/15/2021