PPP Loan information for On trading corporation

$241,400

On trading corporation was initially approved for PPP Loan of amount $241,400, the current approved amount is $241,400. The loan was approved on 02/11/2021 by The TowneBank reported 35 jobs and $241,400 was used to fund payroll.

On trading corporation is Existing or more than 2 years old

ON TRADING CORPORATION

Date Approved

02/11/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ON TRADING CORPORATION

Borrower Address

405 S Virginia Dare Trl

Borrower City

Kill Devil Hills

Borrower State

NC

Borrower Zip

27948-7898

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

241400.00

Current Approval Amount

241400.00

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

Kill Devil Hills

Project County Name

DARE

Project State

NC

Project Zip

27948-7898

CD

NC-03

Jobs Reported

35

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

241400.00

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

242352.19

Forgiveness Date

07/07/2021

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