PPP Loan information for Paxton contractors corp

$367,500

Paxton contractors corp was initially approved for PPP Loan of amount $367,500, the current approved amount is $367,500. The loan was approved on 04/08/2020 by The TowneBank reported 35 jobs and $367,500 was used to fund payroll.

Paxton contractors corp is Existing or more than 2 years old

PPP Loan Search / VA / SUFFOLK / Paxton contractors corp

PAXTON CONTRACTORS CORP

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PAXTON CONTRACTORS CORP

Borrower Address

1652 Pine Acres Ln

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23432-1700

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367500.00

Current Approval Amount

367500.00

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

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23432-1700

CD

VA-02

Jobs Reported

35

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

367500.00

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

370225.62

Forgiveness Date

01/08/2021

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