PPP Loan information for Driver contractors inc

$199,900

Driver contractors inc was initially approved for PPP Loan of amount $199,900, the current approved amount is $199,900. The loan was approved on 04/10/2020 by The TowneBank reported 19 jobs and $199,900 was used to fund payroll.

Driver contractors inc is Existing or more than 2 years old

DRIVER CONTRACTORS INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DRIVER CONTRACTORS INC

Borrower Address

4087 Driver Lane

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23435-1201

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199900.00

Current Approval Amount

199900.00

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

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23435-1201

CD

VA-02

Jobs Reported

19

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

199900.00

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

201127.16

Forgiveness Date

11/25/2020

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