PPP Loan information for Pect enterprises corporation

$385,200

Pect enterprises corporation was initially approved for PPP Loan of amount $385,200, the current approved amount is $385,200. The loan was approved on 04/08/2020 by The TowneBank reported 29 jobs and $385,200 was used to fund payroll.

Pect enterprises corporation is Existing or more than 2 years old

PPP Loan Search / VA / PORTSMOUTH / Pect enterprises corporation

PECT ENTERPRISES CORPORATION

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PECT ENTERPRISES CORPORATION

Borrower Address

3535 Elmhurst Lane

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23701-2612

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385200.00

Current Approval Amount

385200.00

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

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23701-2612

CD

VA-03

Jobs Reported

29

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

385200.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

388570.50

Forgiveness Date

02/25/2021

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