PPP Loan information for Hit inc.

$117,500

Hit inc. was initially approved for PPP Loan of amount $117,500, the current approved amount is $117,500. The loan was approved on 01/27/2021 by The TowneBank reported 14 jobs and $117,500 was used to fund payroll.

Hit inc. is Existing or more than 2 years old

HIT INC.

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

HIT INC.

Borrower Address

341 George Washington Hwy N

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23323-1805

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117500.00

Current Approval Amount

117500.00

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

23323-1805

CD

VA-02

Jobs Reported

14

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117500.00

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

117943.89

Forgiveness Date

06/23/2021

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