PPP Loan information for Portco inc

$944,500

Portco inc was initially approved for PPP Loan of amount $944,500, the current approved amount is $944,500. The loan was approved on 04/15/2020 by The Truist Bank reported 260 jobs and $944,500 was used to fund payroll.

Portco inc is Existing or more than 2 years old

PPP Loan Search / VA / PORTSMOUTH / Portco inc

PORTCO INC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PORTCO INC

Borrower Address

800 LOUDOUN AVE

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23707-3235

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

944500.00

Current Approval Amount

944500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23707-3235

CD

VA-03

Jobs Reported

260

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

944500.00

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

951426.33

Forgiveness Date

01/14/2021

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