Spotswood Foods INC
$282,000 PPP Loan in Norfolk, Virginia
Loan Details
- Loan Number
- 6517717006
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $282,000
- Current Approval
- $282,000
- Forgiveness Amount
- $285,024
- Forgiveness Date
- May 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Spotswood Foods INC
- Address
- 806 Spotswood Ave
- City
- Norfolk
- State
- Virginia
- ZIP Code
- 23517-1722
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 63
- Estimated Revenue
- $11.2M
- Rural/Urban
- Urban
- Congressional District
- VA-03
Loan Use Breakdown
- Payroll
- $266,000
- Rent
- $8,900
- Utilities
- $7,100
Lender Information
- Servicing Lender
- The Old Point National Bank of Phoebus
- Originating Lender
- The Old Point National Bank of Phoebus
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