PPP Loan information for Management services group inc.

$2,000,000

Management services group inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/03/2021 by The TowneBank reported 135 jobs and $2,000,000 was used to fund payroll.

Management services group inc. is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / Management services group inc.

MANAGEMENT SERVICES GROUP INC.

Date Approved

02/03/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MANAGEMENT SERVICES GROUP INC.

Borrower Address

421 S Birdneck Rd

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23451-5868

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-5868

CD

VA-02

Jobs Reported

135

NAICS Code

334111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

1683612.69

Forgiveness Date

01/20/2022

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