PPP Loan information for Micro-enhancements inc

$139,400

Micro-enhancements inc was initially approved for PPP Loan of amount $139,400, the current approved amount is $139,400. The loan was approved on 04/07/2020 by The TowneBank reported 9 jobs and $139,400 was used to fund payroll.

Micro-enhancements inc is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / Micro-enhancements inc

MICRO-ENHANCEMENTS INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MICRO-ENHANCEMENTS INC

Borrower Address

1407 Stephanie Way, Suite E

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-0607

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139400.00

Current Approval Amount

139400.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-0607

CD

VA-03

Jobs Reported

9

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104550.00

Mortgage Interest Proceed

34850.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140232.53

Forgiveness Date

11/17/2020

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