PPP Loan information for Norfolk banana distributiors, inc.

$777,400

Norfolk banana distributiors, inc. was initially approved for PPP Loan of amount $777,400, the current approved amount is $777,400. The loan was approved on 04/09/2020 by The TowneBank reported 52 jobs and $777,400 was used to fund payroll.

Norfolk banana distributiors, inc. is Existing or more than 2 years old

NORFOLK BANANA DISTRIBUTIORS, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NORFOLK BANANA DISTRIBUTIORS, INC.

Borrower Address

1104 Ingleside Rd

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23502-5609

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

777400.00

Current Approval Amount

777400.00

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

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-5609

CD

VA-03

Jobs Reported

52

NAICS Code

424480

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

777400.00

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

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

782733.83

Forgiveness Date

12/28/2020

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