PPP Loan information for Abingdon steel, inc.

$158,200

Abingdon steel, inc. was initially approved for PPP Loan of amount $158,200, the current approved amount is $158,200. The loan was approved on 04/16/2020 by The Powell Valley National Bank reported 17 jobs and $158,200 was used to fund payroll.

Abingdon steel, inc. is Existing or more than 2 years old

PPP Loan Search / VA / ABINGDON / Abingdon steel, inc.

ABINGDON STEEL, INC.

Date Approved

04/16/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ABINGDON STEEL, INC.

Borrower Address

24579 Hillman Hwy

Borrower City

ABINGDON

Borrower State

VA

Borrower Zip

24210-0000

Loan Status Date

06/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158200.00

Current Approval Amount

158200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73477

Servicing Lender Name

Powell Valley National Bank

Servicing Lender Address

33785 Main St

Servicing Lender City

JONESVILLE

Servicing Lender State

VA

Servicing Lender Zip

24263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABINGDON

Project County Name

WASHINGTON

Project State

VA

Project Zip

24210-0001

CD

VA-09

Jobs Reported

17

NAICS Code

331110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73477

Originating Lender

Powell Valley National Bank

Originating Lender City

JONESVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

159938.03

Forgiveness Date

05/27/2021

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