PPP Loan information for Five 01 sea grill inc.

$974,700

Five 01 sea grill inc. was initially approved for PPP Loan of amount $974,700, the current approved amount is $974,700. The loan was approved on 01/21/2021 by The TowneBank reported 98 jobs and $974,700 was used to fund payroll.

Five 01 sea grill inc. is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / Five 01 sea grill inc.

FIVE 01 SEA GRILL INC.

Date Approved

01/21/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FIVE 01 SEA GRILL INC.

Borrower Address

2143 Vista Cir

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23451-1023

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

974700.00

Current Approval Amount

974700.00

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

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-1023

CD

VA-02

Jobs Reported

98

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

974695.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

979573.50

Forgiveness Date

07/30/2021

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