PPP Loan information for Contract net inc

$171,500

Contract net inc was initially approved for PPP Loan of amount $171,500, the current approved amount is $171,500. The loan was approved on 01/25/2021 by The TowneBank reported 15 jobs and $171,500 was used to fund payroll.

Contract net inc is Existing or more than 2 years old

PPP Loan Search / VA / Newport News / Contract net inc

CONTRACT NET INC

Date Approved

01/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CONTRACT NET INC

Borrower Address

11803 Rock Landing Dr

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23606

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

171500.00

Current Approval Amount

171500.00

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

Y

HLMI Indicator

N

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

23606

CD

VA-01

Jobs Reported

15

NAICS Code

541810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

171497.00

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

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

172414.67

Forgiveness Date

08/11/2021

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