PPP Loan information for Rachel screen-printing

$277,200

Rachel screen-printing was initially approved for PPP Loan of amount $317,800, the current approved amount is $277,200. The loan was approved on 04/10/2020 by The TowneBank reported 33 jobs and $277,200 was used to fund payroll.

Rachel screen-printing is Existing or more than 2 years old

PPP Loan Search / VA / PORTSMOUTH / Rachel screen-printing

RACHEL SCREEN-PRINTING

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RACHEL SCREEN-PRINTING

Borrower Address

40 Claremont Drive

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23702-2304

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

317800.00

Current Approval Amount

277200.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23702-2304

CD

VA-03

Jobs Reported

33

NAICS Code

315990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

277200.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

279194.30

Forgiveness Date

01/08/2021

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