PPP Loan information for Frank's trucking center inc

$125,000

Frank's trucking center inc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 02/23/2021 by The TowneBank reported 29 jobs and $125,000 was used to fund payroll.

Frank's trucking center inc is Existing or more than 2 years old

FRANK'S TRUCKING CENTER INC

Date Approved

02/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FRANK'S TRUCKING CENTER INC

Borrower Address

4717 W Military Hwy

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23321-1728

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

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

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23321-1728

CD

VA-02

Jobs Reported

29

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124997.00

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

125409.72

Forgiveness Date

06/23/2021

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