A D STOWE INC (VA) - 2020 PPP Loan Borrower Profile (# 8606807206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A D STOWE 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

8606807206

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$162,700

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$163,644.56

Date Loan was Forgiven

Dec 2, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

147,766

Health Care Proceed

14,934

Lender

TowneBank

Business Detail

Business Type

Corporation

NAICS

238310

Borrower Location

PORTSMOUTH, VA

Project Location

PORTSMOUTH, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.