PPP Loan information for Bonney bright sand company

$473,600

Bonney bright sand company was initially approved for PPP Loan of amount $473,600, the current approved amount is $473,600. The loan was approved on 04/14/2020 by The TowneBank reported 83 jobs and $473,600 was used to fund payroll.

Bonney bright sand company is Existing or more than 2 years old

BONNEY BRIGHT SAND COMPANY

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BONNEY BRIGHT SAND COMPANY

Borrower Address

5513 Buzzard Neck Rd

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23457

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

473600.00

Current Approval Amount

473600.00

Undisbursed Amount

0.00

Franchise Name

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

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23457-0001

CD

VA-02

Jobs Reported

83

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

473600.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

477059.91

Forgiveness Date

01/19/2021

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