PPP Loan information for Both management services inc.

$310,800

Both management services inc. was initially approved for PPP Loan of amount $310,800, the current approved amount is $310,800. The loan was approved on 01/27/2021 by The TowneBank reported 292 jobs and $310,800 was used to fund payroll.

Both management services inc. is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / Both management services inc.

BOTH MANAGEMENT SERVICES INC.

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BOTH MANAGEMENT SERVICES INC.

Borrower Address

1453 Kempsville Rd Ste 107

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23464-7319

Loan Status Date

08/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

310800.00

Current Approval Amount

310800.00

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

23464-7319

CD

VA-02

Jobs Reported

292

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

310794.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

315228.90

Forgiveness Date

07/08/2022

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