PPP Loan information for Mtc water wells, inc

$90,800

Mtc water wells, inc was initially approved for PPP Loan of amount $90,800, the current approved amount is $90,800. The loan was approved on 04/10/2020 by The TowneBank reported 10 jobs and $90,800 was used to fund payroll.

Mtc water wells, inc is Existing or more than 2 years old

MTC WATER WELLS, INC

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

90800.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMITHFIELD

Project County Name

ISLE OF WIGHT

Project State

VA

Project Zip

23430-1000

CD

VA-02

Jobs Reported

10

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85916.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4884.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91637.38

Forgiveness Date

03/16/2021

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