PPP Loan information for East coast valve services, inc.

$451,100

East coast valve services, inc. was initially approved for PPP Loan of amount $451,100, the current approved amount is $451,100. The loan was approved on 04/14/2020 by The TowneBank reported 33 jobs and $451,100 was used to fund payroll.

East coast valve services, inc. is Existing or more than 2 years old

EAST COAST VALVE SERVICES, INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

EAST COAST VALVE SERVICES, INC.

Borrower Address

3744 Cook Blvd

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23323

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

451100.00

Current Approval Amount

451100.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23323-0001

CD

VA-02

Jobs Reported

33

NAICS Code

332912

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

451100.00

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

Non-Veteran

Non Profit

Forgiveness Amount

455874.14

Forgiveness Date

05/11/2021

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