PPP Loan information for Albemarle baking co.

$218,900

Albemarle baking co. was initially approved for PPP Loan of amount $218,900, the current approved amount is $218,900. The loan was approved on 04/14/2020 by The Blue Ridge Bank, National Association reported 39 jobs and $218,900 was used to fund payroll.

Albemarle baking co. is Existing or more than 2 years old

ALBEMARLE BAKING CO.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ALBEMARLE BAKING CO.

Borrower Address

418 West Main Street

Borrower City

Charlottesville

Borrower State

VA

Borrower Zip

22903-5540

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218900.00

Current Approval Amount

218900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Charlottesville

Project County Name

CHARLOTTESVILLE CITY

Project State

VA

Project Zip

22903-5540

CD

VA-05

Jobs Reported

39

NAICS Code

311811

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5600.00

Payroll Proceed

169300.00

Mortgage Interest Proceed

0.00

Rent Proceed

32000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

220103.95

Forgiveness Date

11/03/2020

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