PPP Loan information for Norfolk truck center inc.

$487,800

Norfolk truck center inc. was initially approved for PPP Loan of amount $487,800, the current approved amount is $487,800. The loan was approved on 04/04/2020 by The The Old Point National Bank of Phoebus reported 48 jobs and $487,800 was used to fund payroll.

Norfolk truck center inc. is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Norfolk truck center inc.

NORFOLK TRUCK CENTER INC.

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NORFOLK TRUCK CENTER INC.

Borrower Address

736 Tidewater Drive

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23504-3324

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487800.00

Current Approval Amount

487800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23504-3324

CD

VA-03

Jobs Reported

48

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18500.00

Payroll Proceed

436900.00

Mortgage Interest Proceed

0.00

Rent Proceed

32400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

494005.90

Forgiveness Date

07/22/2021

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