PPP Loan information for Oyster point construction company

$246,300

Oyster point construction company was initially approved for PPP Loan of amount $246,300, the current approved amount is $246,300. The loan was approved on 04/04/2020 by The TowneBank reported 17 jobs and $246,300 was used to fund payroll.

Oyster point construction company is Existing or more than 2 years old

OYSTER POINT CONSTRUCTION COMPANY

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OYSTER POINT CONSTRUCTION COMPANY

Borrower Address

11838 Rock Landing Drive Suite 100

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23606-4206

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246300.00

Current Approval Amount

246300.00

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

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-4206

CD

VA-03

Jobs Reported

17

NAICS Code

212321

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

246300.00

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

247873.58

Forgiveness Date

11/27/2020

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