Norfolk Dredging Company

$4,938,700 PPP Loan in Chesapeake, Virginia

Loan Details

Loan Number
1194607108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$4,938,700
Current Approval
$4,938,700
Forgiveness Amount
$5,006,196
Forgiveness Date
Aug 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Norfolk Dredging Company
Address
Po Box 1706
ZIP Code
23327-1706
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$155.0M
Rural/Urban
Urban
Congressional District
VA-03

Loan Use Breakdown

Payroll
$4,938,700

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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