PPP Loan information for Regulator marine, inc.

$2,472,400

Regulator marine, inc. was initially approved for PPP Loan of amount $2,472,400, the current approved amount is $2,472,400. The loan was approved on 04/06/2020 by The Southern Bank and Trust Company reported 220 jobs and $2,472,400 was used to fund payroll.

Regulator marine, inc. is Existing or more than 2 years old

REGULATOR MARINE, INC.

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REGULATOR MARINE, INC.

Borrower Address

187 PEANUT DR

Borrower City

EDENTON

Borrower State

NC

Borrower Zip

27932-9604

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2472400.00

Current Approval Amount

2472400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EDENTON

Project County Name

CHOWAN

Project State

NC

Project Zip

27932-9604

CD

NC-01

Jobs Reported

220

NAICS Code

336612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2472400.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2504197.81

Forgiveness Date

07/21/2021

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