PPP Loan information for Rex companies inc

$517,100

Rex companies inc was initially approved for PPP Loan of amount $517,100, the current approved amount is $517,100. The loan was approved on 01/26/2021 by The TowneBank reported 38 jobs and $517,100 was used to fund payroll.

Rex companies inc is Existing or more than 2 years old

PPP Loan Search / VA / Newport News / Rex companies inc

REX COMPANIES INC

Date Approved

01/26/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

REX COMPANIES INC

Borrower Address

725 City Center Blvd

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23606-3085

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

517100.00

Current Approval Amount

517100.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-3085

CD

VA-03

Jobs Reported

38

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

517099.00

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

520145.14

Forgiveness Date

09/07/2021

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