PPP Loan information for East coast appliance repair service sale

$806,400

East coast appliance repair service sale was initially approved for PPP Loan of amount $806,400, the current approved amount is $806,400. The loan was approved on 04/06/2020 by The TowneBank reported 89 jobs and $806,400 was used to fund payroll.

East coast appliance repair service sale is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / East coast appliance repair service sale

EAST COAST APPLIANCE REPAIR SERVICE SALE

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

EAST COAST APPLIANCE REPAIR SERVICE SALE

Borrower Address

400 N Military Highway

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23502-5402

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

806400.00

Current Approval Amount

806400.00

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

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-5402

CD

VA-03

Jobs Reported

89

NAICS Code

453310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

806400.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

814150.40

Forgiveness Date

03/29/2021

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