PPP Loan information for The butcher's son inc

$425,900

The butcher's son inc was initially approved for PPP Loan of amount $425,900, the current approved amount is $425,900. The loan was approved on 01/25/2021 by The TowneBank reported 51 jobs and $425,900 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

01/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE BUTCHER'S SON INC

Borrower Address

500 Battlefield Blvd S Ste 1

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23322-5367

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

425900.00

Current Approval Amount

425900.00

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

23322-5367

CD

VA-02

Jobs Reported

51

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

425897.00

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

430076.19

Forgiveness Date

01/19/2022

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