PPP Loan information for The cove tavern ii

$231,300

The cove tavern ii was initially approved for PPP Loan of amount $231,300, the current approved amount is $231,300. The loan was approved on 01/25/2021 by The TowneBank reported 31 jobs and $231,300 was used to fund payroll.

The cove tavern ii is Existing or more than 2 years old

THE COVE TAVERN II

Date Approved

01/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE COVE TAVERN II

Borrower Address

316 High St

Borrower City

Portsmouth

Borrower State

VA

Borrower Zip

23704-3707

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

231300.00

Current Approval Amount

231300.00

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

23704-3707

CD

VA-03

Jobs Reported

31

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

231296.00

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

233066.88

Forgiveness Date

11/08/2021

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