PPP Loan information for Inlet construction inc.

$365,100

Inlet construction inc. was initially approved for PPP Loan of amount $330,700, the current approved amount is $365,100. The loan was approved on 04/10/2020 by The TowneBank reported 40 jobs and $365,100 was used to fund payroll.

Inlet construction inc. is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Inlet construction inc.

INLET CONSTRUCTION INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INLET CONSTRUCTION INC.

Borrower Address

2117 E. Indian River Road

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23523-2422

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330700.00

Current Approval Amount

365100.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23523-2422

CD

VA-03

Jobs Reported

40

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

365100.00

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

368294.62

Forgiveness Date

03/03/2021

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