PPP Loan information for East coast truck & trailer sales inc

$722,965

East coast truck & trailer sales inc was initially approved for PPP Loan of amount $722,965, the current approved amount is $722,965. The loan was approved on 02/01/2021 by The TowneBank reported 68 jobs and $722,965 was used to fund payroll.

East coast truck & trailer sales inc is Existing or more than 2 years old

EAST COAST TRUCK & TRAILER SALES INC

Date Approved

02/01/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

EAST COAST TRUCK & TRAILER SALES INC

Borrower Address

2906 Elmhurst Ln

Borrower City

Portsmouth

Borrower State

VA

Borrower Zip

23701-2739

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

722965.00

Current Approval Amount

722965.00

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

Portsmouth

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23701-2739

CD

VA-03

Jobs Reported

68

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

722965.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

725937.19

Forgiveness Date

07/08/2021

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