PPP Loan information for Read commercial properties inc.

$48,000

Read commercial properties inc. was initially approved for PPP Loan of amount $48,000, the current approved amount is $48,000. The loan was approved on 04/15/2020 by The The Old Point National Bank of Phoebus reported 5 jobs and $48,000 was used to fund payroll.

Read commercial properties inc. is Existing or more than 2 years old

PPP Loan Search / VA / HAMPTON / Read commercial properties inc.

READ COMMERCIAL PROPERTIES INC.

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

READ COMMERCIAL PROPERTIES INC.

Borrower Address

6 MANHATTAN SQ, Suite 102

Borrower City

HAMPTON

Borrower State

VA

Borrower Zip

23666-5846

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48000.00

Current Approval Amount

48000.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23666-5846

CD

VA-03

Jobs Reported

5

NAICS Code

531390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40884.00

Mortgage Interest Proceed

0.00

Rent Proceed

7116.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

48336.00

Forgiveness Date

01/07/2021

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