PPP Loan information for 425 water llc

$595,200

425 water llc was initially approved for PPP Loan of amount $595,200, the current approved amount is $595,200. The loan was approved on 04/13/2020 by The TowneBank reported 122 jobs and $595,200 was used to fund payroll.

425 water llc is Existing or more than 2 years old

425 WATER LLC

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

595200.00

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

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23704-3801

CD

VA-03

Jobs Reported

122

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

595200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

602077.87

Forgiveness Date

06/15/2021

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