425 WATER LLC (VA) - 2020 PPP Loan Borrower Profile (# 1021719100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 425 WATER LLC. 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

1021719100

SBA Office Code

0304

Processing Method

PPS

Curent Loan Amount

$825,600

Date Loan was Approved

Jun 15, 2021

Amount Forgiven

$837,203.64

Date Loan was Forgiven

Nov 14, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

825,600

Lender

Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Portsmouth, VA

Project Location

Portsmouth, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.