PPP Loan information for Hatchett design remodel

$349,400

Hatchett design remodel was initially approved for PPP Loan of amount $349,400, the current approved amount is $349,400. The loan was approved on 04/08/2020 by The TowneBank reported 24 jobs and $349,400 was used to fund payroll.

Hatchett design remodel is Existing or more than 2 years old

HATCHETT DESIGN REMODEL

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HATCHETT DESIGN REMODEL

Borrower Address

11725 Jefferson Ave

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23606-1935

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

349400.00

Current Approval Amount

349400.00

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

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-1935

CD

VA-03

Jobs Reported

24

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

349400.00

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

352476.66

Forgiveness Date

02/25/2021

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