U Mart INC

$242,440 PPP Loan in Virginia Beach, Virginia

Loan Details

Loan Number
2972577408
Date Approved
May 6, 2020
Loan Status
Paid in Full
Initial Approval
$242,440
Current Approval
$242,440
Forgiveness Amount
$245,456
Forgiveness Date
Aug 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
U Mart INC
Address
1505 Lynnhaven Pkwy
ZIP Code
23453-2013
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.5M
Rural/Urban
Urban
Congressional District
VA-02

Loan Use Breakdown

Payroll
$194,000
Rent
$48,440

Lender Information

Servicing Lender
Locus Bank INC
Originating Lender
Locus Bank INC

Other PPP Loans in Virginia Beach, VA

BusinessApproved
Burgerbusters INC$10,000,000NewBizBotAI Deep Dive
Clark Nexsen INC$7,449,500NewBizBotAI Deep Dive
Divurgent LLC$6,944,500NewBizBotAI Deep Dive
Lgs Management Group INC$5,843,900NewBizBotAI Deep Dive
Ici Services Corporation$5,028,800NewBizBotAI Deep Dive

Want to research this company further?