PPP Loan information for Sem coating corp

$23,694

Sem coating corp was initially approved for PPP Loan of amount $23,694, the current approved amount is $23,694. The loan was approved on 03/05/2021 by The TowneBank reported 4 jobs and $23,694 was used to fund payroll.

Sem coating corp is Existing or more than 2 years old

SEM COATING CORP

Date Approved

03/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SEM COATING CORP

Borrower Address

3425 High St

Borrower City

Portsmouth

Borrower State

VA

Borrower Zip

23707-3227

Loan Status Date

07/29/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23694.00

Current Approval Amount

23694.00

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

Portsmouth

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23707-3227

CD

VA-03

Jobs Reported

4

NAICS Code

424950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

23690.00

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

23994.12

Forgiveness Date

06/08/2022

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