As part of the Paycheck Protection Program NORFOLK DREDGING COMPANY was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NORFOLK DREDGING COMPANY


Loan Amount	$4,938,700
BusinessName	NORFOLK DREDGING COMPANY
Address	PO BOX 1706
City	CHESAPEAKE
State	VA
Zip	23327
NAICSCode	237990
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	225
DateApproved	04/10/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	VA-03
BusinessName.clean	NORFOLK DREDGING COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NORFOLK HOTEL ASSOCIATES
NORFOLK MOTOR COMPANY
AQUATE II
NORFOLK TUG COMPANY
NORFORK DESIGN