PPP Loan information for Preferred direct marketing

$416,000

Preferred direct marketing was initially approved for PPP Loan of amount $416,000, the current approved amount is $416,000. The loan was approved on 04/09/2020 by The TowneBank reported 52 jobs and $416,000 was used to fund payroll.

Preferred direct marketing is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Preferred direct marketing

PREFERRED DIRECT MARKETING

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PREFERRED DIRECT MARKETING

Borrower Address

4590 Village Avenue

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23502-2032

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

416000.00

Current Approval Amount

416000.00

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

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-2032

CD

VA-03

Jobs Reported

52

NAICS Code

541860

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

416000.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

408424.72

Forgiveness Date

11/19/2020

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