PPP Loan information for The butcher's son inc

$256,400

The butcher's son inc was initially approved for PPP Loan of amount $256,400, the current approved amount is $256,400. The loan was approved on 04/10/2020 by The TowneBank reported 66 jobs and $256,400 was used to fund payroll.

The butcher's son inc is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / The butcher's son inc

THE BUTCHER'S SON INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE BUTCHER'S SON INC

Borrower Address

500 south battlefield blvd. STE 1

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23322

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256400.00

Current Approval Amount

256400.00

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

23322-0001

CD

VA-02

Jobs Reported

66

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

256400.00

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

258337.24

Forgiveness Date

01/20/2021

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