PPP Loan information for Lawrence hyde corporation

$305,000

Lawrence hyde corporation was initially approved for PPP Loan of amount $321,000, the current approved amount is $305,000. The loan was approved on 04/06/2020 by The TowneBank reported 48 jobs and $305,000 was used to fund payroll.

Lawrence hyde corporation is Existing or more than 2 years old

LAWRENCE HYDE CORPORATION

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LAWRENCE HYDE CORPORATION

Borrower Address

1156 George Washington Hwy

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23323-4908

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

321000.00

Current Approval Amount

305000.00

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

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23323-0001

CD

VA-02

Jobs Reported

48

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

305000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306923.19

Forgiveness Date

11/30/2020

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