PPP Loan information for Waits invest corp

$193,100

Waits invest corp was initially approved for PPP Loan of amount $193,100, the current approved amount is $193,100. The loan was approved on 04/10/2020 by The TowneBank reported 25 jobs and $193,100 was used to fund payroll.

Waits invest corp is Existing or more than 2 years old

WAITS INVEST CORP

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

193100.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

NAGS HEAD

Project County Name

DARE

Project State

NC

Project Zip

27959-9128

CD

NC-03

Jobs Reported

25

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

193100.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195165.10

Forgiveness Date

05/13/2021

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