PPP Loan information for Earls, inc.

$252,400

Earls, inc. was initially approved for PPP Loan of amount $252,400, the current approved amount is $252,400. The loan was approved on 04/14/2020 by The The Old Point National Bank of Phoebus reported 31 jobs and $252,400 was used to fund payroll.

Earls, inc. is Existing or more than 2 years old

EARLS, INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

EARLS, INC.

Borrower Address

2553 AIRLINE BLVD

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23701-2801

Loan Status Date

05/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252400.00

Current Approval Amount

252400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23701-2801

CD

VA-03

Jobs Reported

31

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7996.00

Payroll Proceed

227104.00

Mortgage Interest Proceed

0.00

Rent Proceed

17300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

254580.46

Forgiveness Date

03/03/2021

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