PPP Loan information for Mil-spec abrasives, llc

$108,900

Mil-spec abrasives, llc was initially approved for PPP Loan of amount $108,900, the current approved amount is $108,900. The loan was approved on 04/10/2020 by The TowneBank reported 11 jobs and $108,900 was used to fund payroll.

Mil-spec abrasives, llc is Existing or more than 2 years old

MIL-SPEC ABRASIVES, LLC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MIL-SPEC ABRASIVES, LLC

Borrower Address

650 Chautauqua Avenue

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23707-2106

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108900.00

Current Approval Amount

108900.00

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

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

23707-2106

CD

VA-03

Jobs Reported

11

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109716.75

Forgiveness Date

01/19/2021

;