PPP Loan information for A&j development & excavation inc

$938,600

A&j development & excavation inc was initially approved for PPP Loan of amount $938,600, the current approved amount is $938,600. The loan was approved on 04/13/2020 by The Summit Community Bank, Inc. reported 98 jobs and $938,600 was used to fund payroll.

A&j development & excavation inc is Existing or more than 2 years old

A&J DEVELOPMENT & EXCAVATION INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

A&J DEVELOPMENT & EXCAVATION INC

Borrower Address

425 CECIL WAMPLER RD

Borrower City

MOUNT CRAWFORD

Borrower State

VA

Borrower Zip

22841-2222

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

938600.00

Current Approval Amount

938600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT CRAWFORD

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22841-2222

CD

VA-06

Jobs Reported

98

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38600.00

Payroll Proceed

750000.00

Mortgage Interest Proceed

150000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

946395.59

Forgiveness Date

02/17/2021

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