2GT RICHMOND, INC (VA) - 2020 PPP Loan Borrower Profile (# 6424617001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 2GT RICHMOND, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Virginia.

Loan Detail

Loan Number

6424617001

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$121,500

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$122,418

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

12,150

Payroll Proced

91,125

Rent Proceed

18,225

Lender

Chesapeake Bank

Business Detail

Business Type

Corporation

NAICS

493190

Borrower Location

RICHMOND, VA

Project Location

RICHMOND, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.