PPP Loan information for Local restoration inc.

$100,635

Local restoration inc. was initially approved for PPP Loan of amount $100,635, the current approved amount is $100,635. The loan was approved on 03/24/2021 by The TowneBank reported 10 jobs and $100,635 was used to fund payroll.

Local restoration inc. is Existing or more than 2 years old

PPP Loan Search / VA / Norfolk / Local restoration inc.

LOCAL RESTORATION INC.

Date Approved

03/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

LOCAL RESTORATION INC.

Borrower Address

1270 Bolton St

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23504-2829

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

100635.00

Current Approval Amount

100635.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23504-2829

CD

VA-03

Jobs Reported

10

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

100632.00

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

100967.65

Forgiveness Date

07/23/2021

;