PPP Loan information for Layer 9 inc

$310,000

Layer 9 inc was initially approved for PPP Loan of amount $310,000, the current approved amount is $310,000. The loan was approved on 04/10/2020 by The TowneBank reported 25 jobs and $310,000 was used to fund payroll.

Layer 9 inc is Existing or more than 2 years old

PPP Loan Search / VA / PORTSMOUTH / Layer 9 inc

LAYER 9 INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LAYER 9 INC

Borrower Address

1040 University Boulevard

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23703-2649

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310000.00

Current Approval Amount

310000.00

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

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23703-2649

CD

VA-03

Jobs Reported

25

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

310000.00

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

312281.94

Forgiveness Date

01/12/2021

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