Norfolk Tug Company

$2,342,600 PPP Loan in Norfolk, Virginia

Loan Details

Loan Number
7585997005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,342,600
Current Approval
$2,342,600
Forgiveness Amount
$2,368,499
Forgiveness Date
May 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Norfolk Tug Company
Address
508a East Indian River Rd
ZIP Code
23523-1765
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (488330)
Business Age
Existing or more than 2 years old
Jobs Reported
137
Estimated Revenue
$10.7M
Rural/Urban
Urban
Congressional District
VA-03

Loan Use Breakdown

Payroll
$2,342,600

Lender Information

Servicing Lender
Townebank
Originating Lender
Townebank

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