Date Approved
04/11/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
MEDFRES INC
Borrower Address
4725 Portsmouth Blvd
Borrower City
PORTSMOUTH
Borrower State
VA
Borrower Zip
23701-2307
Loan Status Date
08/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
77700.00
Current Approval Amount
72000.00
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
Servicing Lender State
Servicing Lender Zip
23703-4502
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Unanswered
Project City
Project County Name
PORTSMOUTH CITY
Project State
Project Zip
CD
VA-03
Jobs Reported
5
NAICS Code
621111
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
72694.00
Forgiveness Date
04/08/2021