PPP Loan information for Precon marine incorporated

$1,145,800

Precon marine incorporated was initially approved for PPP Loan of amount $1,145,800, the current approved amount is $1,145,800. The loan was approved on 01/31/2021 by The The Old Point National Bank of Phoebus reported 49 jobs and $1,145,800 was used to fund payroll.

Precon marine incorporated is Existing or more than 2 years old

PPP Loan Search / VA / Chesapeake / Precon marine incorporated

PRECON MARINE INCORPORATED

Date Approved

01/31/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PRECON MARINE INCORPORATED

Borrower Address

1401 Precon Dr Ste 102

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23320-6314

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1145800.00

Current Approval Amount

1145800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-6314

CD

VA-03

Jobs Reported

49

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1145797.00

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

Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1151019.76

Forgiveness Date

07/23/2021

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