PPP Loan information for Toano contractors, inc.

$611,400

Toano contractors, inc. was initially approved for PPP Loan of amount $611,400, the current approved amount is $611,400. The loan was approved on 04/07/2020 by The TowneBank reported 56 jobs and $611,400 was used to fund payroll.

Toano contractors, inc. is Existing or more than 2 years old

TOANO CONTRACTORS, INC.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TOANO CONTRACTORS, INC.

Borrower Address

8589 Richmond Road

Borrower City

TOANO

Borrower State

VA

Borrower Zip

23168-9212

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

611400.00

Current Approval Amount

611400.00

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

TOANO

Project County Name

JAMES CITY

Project State

VA

Project Zip

23168-9212

CD

VA-01

Jobs Reported

56

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

611400.00

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

617293.22

Forgiveness Date

03/29/2021

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