PPP Loan information for Waits investment corp

$270,350

Waits investment corp was initially approved for PPP Loan of amount $270,350, the current approved amount is $270,350. The loan was approved on 02/09/2021 by The TowneBank reported 25 jobs and $270,350 was used to fund payroll.

Waits investment corp is Existing or more than 2 years old

PPP Loan Search / NC / Nags Head / Waits investment corp

WAITS INVESTMENT CORP

Date Approved

02/09/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WAITS INVESTMENT CORP

Borrower Address

7228 S Virginia Dare Trl

Borrower City

Nags Head

Borrower State

NC

Borrower Zip

27959-9128

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

270350.00

Current Approval Amount

270350.00

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

1.00

Payroll Proceed

270346.00

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

272625.45

Forgiveness Date

12/14/2021

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