PPP Loan information for 755 inc

$261,258

755 inc was initially approved for PPP Loan of amount $261,258, the current approved amount is $261,258. The loan was approved on 02/20/2021 by The Truist Bank reported 48 jobs and $261,258 was used to fund payroll.

755 inc is Existing or more than 2 years old

755 INC

Date Approved

02/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

755 INC

Borrower Address

755 J Clyde Morris Blvd

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23601-1514

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

261257.50

Current Approval Amount

261257.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23601-1514

CD

VA-03

Jobs Reported

48

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

261253.50

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

262817.79

Forgiveness Date

09/28/2021

;