PPP Loan information for Suburban capital inc.

$920,000

Suburban capital inc. was initially approved for PPP Loan of amount $920,000, the current approved amount is $920,000. The loan was approved on 01/26/2021 by The TowneBank reported 68 jobs and $920,000 was used to fund payroll.

Suburban capital inc. is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / Suburban capital inc.

SUBURBAN CAPITAL INC.

Date Approved

01/26/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SUBURBAN CAPITAL INC.

Borrower Address

3600 Pacific Ave

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23451-2716

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

920000.00

Current Approval Amount

920000.00

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

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-2716

CD

VA-02

Jobs Reported

68

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

920000.00

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

928331.11

Forgiveness Date

12/28/2021

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