PPP Loan information for Retsel inc

$129,400

Retsel inc was initially approved for PPP Loan of amount $129,400, the current approved amount is $129,400. The loan was approved on 04/13/2020 by The TowneBank reported 11 jobs and $129,400 was used to fund payroll.

Retsel inc is Existing or more than 2 years old

RETSEL INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RETSEL INC

Borrower Address

3512 Airline Blvd

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23701-2616

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129400.00

Current Approval Amount

129400.00

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

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23701-2616

CD

VA-03

Jobs Reported

11

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129400.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130668.84

Forgiveness Date

04/13/2021

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