PPP Loan information for Sea island produce inc

$704,200

Sea island produce inc was initially approved for PPP Loan of amount $704,200, the current approved amount is $704,200. The loan was approved on 04/14/2020 by The TowneBank reported 56 jobs and $704,200 was used to fund payroll.

Sea island produce inc is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Sea island produce inc

SEA ISLAND PRODUCE INC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SEA ISLAND PRODUCE INC

Borrower Address

200 Golden Oak Ct Suite 250

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23452

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

704200.00

Current Approval Amount

704200.00

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

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

23452-1000

CD

VA-02

Jobs Reported

56

NAICS Code

424480

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

704200.00

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

708894.67

Forgiveness Date

12/28/2020

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