PPP Loan information for Mission foods inc

$622,500

Mission foods inc was initially approved for PPP Loan of amount $622,500, the current approved amount is $622,500. The loan was approved on 04/28/2020 by The TowneBank reported 198 jobs and $622,500 was used to fund payroll.

Mission foods inc is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Mission foods inc

MISSION FOODS INC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MISSION FOODS INC

Borrower Address

1905 Benecia Drive

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23456

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

622500.00

Current Approval Amount

622500.00

Undisbursed Amount

0.00

Franchise Name

Rally's

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

23456-0001

CD

VA-02

Jobs Reported

198

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

622500.00

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

630229.38

Forgiveness Date

07/21/2021

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