PPP Loan information for Car struction inc

$382,600

Car struction inc was initially approved for PPP Loan of amount $382,600, the current approved amount is $382,600. The loan was approved on 01/23/2021 by The TowneBank reported 27 jobs and $382,600 was used to fund payroll.

Car struction inc is Existing or more than 2 years old

PPP Loan Search / VA / Chesapeake / Car struction inc

CAR STRUCTION INC

Date Approved

01/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CAR STRUCTION INC

Borrower Address

642 Woodlake Dr

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23320-8906

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

382600.00

Current Approval Amount

382600.00

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

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-8906

CD

VA-03

Jobs Reported

27

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

382600.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

384332.33

Forgiveness Date

07/13/2021

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