Date Approved
04/10/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
MTC WATER WELLS, INC
Borrower Address
20109 Isle of Wight Ind Park Road
Borrower City
SMITHFIELD
Borrower State
VA
Borrower Zip
23430
Loan Status Date
04/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
90800.00
Current Approval Amount
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
Servicing Lender Zip
23703-4502
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ISLE OF WIGHT
Project State
Project Zip
23430-1000
CD
VA-02
Jobs Reported
10
NAICS Code
561790
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
85916.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
4884.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
91637.38
Forgiveness Date
03/16/2021