PPP Loan information for Alderman's saw shop, inc.

$452,800

Alderman's saw shop, inc. was initially approved for PPP Loan of amount $452,800, the current approved amount is $452,800. The loan was approved on 04/07/2020 by The Blue Ridge Bank, National Association reported 46 jobs and $452,800 was used to fund payroll.

Alderman's saw shop, inc. is Existing or more than 2 years old

ALDERMAN'S SAW SHOP, INC.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ALDERMAN'S SAW SHOP, INC.

Borrower Address

2008 Richmond Hill Rd

Borrower City

WARSAW

Borrower State

VA

Borrower Zip

22572-3559

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

452800.00

Current Approval Amount

452800.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARSAW

Project County Name

RICHMOND

Project State

VA

Project Zip

22572-3559

CD

VA-01

Jobs Reported

46

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22635.39

Payroll Proceed

407522.79

Mortgage Interest Proceed

22641.82

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

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

456434.98

Forgiveness Date

01/25/2021

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