PPP Loan information for Obx new china, inc.

$11,500

Obx new china, inc. was initially approved for PPP Loan of amount $11,500, the current approved amount is $11,500. The loan was approved on 05/20/2020 by The TowneBank reported 3 jobs and $11,500 was used to fund payroll.

Obx new china, inc. is Existing or more than 2 years old

OBX NEW CHINA, INC.

Date Approved

05/20/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OBX NEW CHINA, INC.

Borrower Address

5000 S Croatan Hwy

Borrower City

NAGS HEAD

Borrower State

NC

Borrower Zip

27959

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11500.00

Current Approval Amount

11500.00

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

NAGS HEAD

Project County Name

DARE

Project State

NC

Project Zip

27959-0001

CD

NC-03

Jobs Reported

3

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11500.00

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

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

11589.12

Forgiveness Date

02/25/2021

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