PPP Loan information for Cornwell engineering group, inc.

$224,500

Cornwell engineering group, inc. was initially approved for PPP Loan of amount $224,500, the current approved amount is $224,500. The loan was approved on 04/10/2020 by The TowneBank reported 23 jobs and $224,500 was used to fund payroll.

Cornwell engineering group, inc. is Existing or more than 2 years old

CORNWELL ENGINEERING GROUP, INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CORNWELL ENGINEERING GROUP, INC.

Borrower Address

712 Gum Rock Court

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23606-2524

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224500.00

Current Approval Amount

224500.00

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

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

23606-2524

CD

VA-03

Jobs Reported

23

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

224500.00

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

Unanswered

Non Profit

Forgiveness Amount

226133.86

Forgiveness Date

01/08/2021

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