PPP Loan information for Portuguese venture inc

$225,000

Portuguese venture inc was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 05/07/2020 by The Primis Bank reported 45 jobs and $225,000 was used to fund payroll.

Portuguese venture inc is Existing or more than 2 years old

PPP Loan Search / NJ / South River / Portuguese venture inc

PORTUGUESE VENTURE INC

Date Approved

05/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PORTUGUESE VENTURE INC

Borrower Address

25 Whitehead Avenue

Borrower City

South River

Borrower State

NJ

Borrower Zip

08882

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South River

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08882-0001

CD

NJ-12

Jobs Reported

45

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

225000.00

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

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226430.14

Forgiveness Date

12/31/2020

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