PPP Loan information for Macsons inc.

$1,120,200

Macsons inc. was initially approved for PPP Loan of amount $1,120,200, the current approved amount is $1,120,200. The loan was approved on 02/10/2021 by The TowneBank reported 95 jobs and $1,120,200 was used to fund payroll.

Macsons inc. is Existing or more than 2 years old

MACSONS INC.

Date Approved

02/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MACSONS INC.

Borrower Address

408 W 25th St

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23517-1244

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1120200.00

Current Approval Amount

1120200.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23517-1244

CD

VA-03

Jobs Reported

95

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1120197.00

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

1124214.05

Forgiveness Date

06/23/2021

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