PPP Loan information for Micar corporation

$283,700

Micar corporation was initially approved for PPP Loan of amount $283,700, the current approved amount is $283,700. The loan was approved on 04/11/2020 by The TowneBank reported 24 jobs and $283,700 was used to fund payroll.

Micar corporation is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / Micar corporation

MICAR CORPORATION

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MICAR CORPORATION

Borrower Address

928 Ventures Way Suite 101

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-2882

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283700.00

Current Approval Amount

283700.00

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

23320-2882

CD

VA-03

Jobs Reported

24

NAICS Code

811191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

283700.00

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

Unanswered

Non Profit

Forgiveness Amount

285512.53

Forgiveness Date

12/10/2020

;