Date Approved
04/10/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
WAITS INVEST CORP
Borrower Address
7228 S Va Dare Trail
Borrower City
NAGS HEAD
Borrower State
NC
Borrower Zip
27959-9128
Loan Status Date
06/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
193100.00
Current Approval Amount
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
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DARE
Project State
Project Zip
CD
NC-03
Jobs Reported
25
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
195165.10
Forgiveness Date
05/13/2021