PPP Loan information for Marine specialty painting inc.

$877,900

Marine specialty painting inc. was initially approved for PPP Loan of amount $877,900, the current approved amount is $877,900. The loan was approved on 04/04/2020 by The The Old Point National Bank of Phoebus reported 78 jobs and $877,900 was used to fund payroll.

Marine specialty painting inc. is Existing or more than 2 years old

PPP Loan Search / VA / PORTSMOUTH / Marine specialty painting inc.

MARINE SPECIALTY PAINTING INC.

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MARINE SPECIALTY PAINTING INC.

Borrower Address

3350 Elm Ave

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23704-7108

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

877900.00

Current Approval Amount

877900.00

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

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23704-7108

CD

VA-03

Jobs Reported

78

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

843600.00

Mortgage Interest Proceed

0.00

Rent Proceed

34300.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

889434.63

Forgiveness Date

08/05/2021

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