PPP Loan information for M. price distributing company

$1,066,400

M. price distributing company was initially approved for PPP Loan of amount $1,066,400, the current approved amount is $1,066,400. The loan was approved on 04/04/2020 by The The Old Point National Bank of Phoebus reported 119 jobs and $1,066,400 was used to fund payroll.

M. price distributing company is Existing or more than 2 years old

PPP Loan Search / VA / HAMPTON / M. price distributing company

M. PRICE DISTRIBUTING COMPANY

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

M. PRICE DISTRIBUTING COMPANY

Borrower Address

1 Budweiser Street

Borrower City

HAMPTON

Borrower State

VA

Borrower Zip

23661-1774

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1066400.00

Current Approval Amount

1066400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23661-1774

CD

VA-03

Jobs Reported

119

NAICS Code

424820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19100.00

Payroll Proceed

1047300.00

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

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1074605.36

Forgiveness Date

01/25/2021

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