PPP Loan information for Gc of newport news llc

$364,651

Gc of newport news llc was initially approved for PPP Loan of amount $364,651, the current approved amount is $364,651. The loan was approved on 02/04/2021 by The TowneBank reported 62 jobs and $364,651 was used to fund payroll.

Gc of newport news llc is Existing or more than 2 years old

GC OF NEWPORT NEWS LLC

Date Approved

02/04/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

GC OF NEWPORT NEWS LLC

Borrower Address

1453 Kempsville Rd Ste 107

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23464-7319

Loan Status Date

08/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

364651.00

Current Approval Amount

364651.00

Undisbursed Amount

0.00

Franchise Name

Golden Corral

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

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23464-7319

CD

VA-02

Jobs Reported

62

NAICS Code

722514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

364645.00

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

Limited Liability Company(LLC)

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

369827.02

Forgiveness Date

07/07/2022

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