PPP Loan information for Mcpherson design group inc

$235,900

Mcpherson design group inc was initially approved for PPP Loan of amount $235,900, the current approved amount is $235,900. The loan was approved on 04/11/2020 by The TowneBank reported 13 jobs and $235,900 was used to fund payroll.

Mcpherson design group inc is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Mcpherson design group inc

MCPHERSON DESIGN GROUP INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MCPHERSON DESIGN GROUP INC

Borrower Address

6371 Center Drive Suite 100

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23502-4102

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

235900.00

Current Approval Amount

235900.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-4102

CD

VA-03

Jobs Reported

13

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

235900.00

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

Unanswered

Non Profit

Forgiveness Amount

237544.75

Forgiveness Date

12/31/2020

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