PPP Loan information for East coast brake rebuilders

$130,200

East coast brake rebuilders was initially approved for PPP Loan of amount $130,200, the current approved amount is $130,200. The loan was approved on 04/07/2020 by The TowneBank reported 11 jobs and $130,200 was used to fund payroll.

East coast brake rebuilders is Existing or more than 2 years old

EAST COAST BRAKE REBUILDERS

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

EAST COAST BRAKE REBUILDERS

Borrower Address

5812 Curlew Dr.

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23502-4627

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130200.00

Current Approval Amount

130200.00

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

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-4627

CD

VA-03

Jobs Reported

11

NAICS Code

811191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130200.00

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

Non-Veteran

Non Profit

Forgiveness Amount

131013.75

Forgiveness Date

11/27/2020

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