PPP Loan information for Arbortech forest products, inc

$878,500

Arbortech forest products, inc was initially approved for PPP Loan of amount $878,500, the current approved amount is $878,500. The loan was approved on 04/10/2020 by The Citizens Bank and Trust Company reported 71 jobs and $878,500 was used to fund payroll.

Arbortech forest products, inc is Existing or more than 2 years old

PPP Loan Search / VA / BLACKSTONE / Arbortech forest products, inc

ARBORTECH FOREST PRODUCTS, INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ARBORTECH FOREST PRODUCTS, INC

Borrower Address

500 DEARING AVE

Borrower City

BLACKSTONE

Borrower State

VA

Borrower Zip

23824-3060

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

878500.00

Current Approval Amount

878500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73109

Servicing Lender Name

Citizens Bank and Trust Company

Servicing Lender Address

126 S Main St

Servicing Lender City

BLACKSTONE

Servicing Lender State

VA

Servicing Lender Zip

23824-1842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLACKSTONE

Project County Name

NOTTOWAY

Project State

VA

Project Zip

23824-3060

CD

VA-05

Jobs Reported

71

NAICS Code

113210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

175550.00

Payroll Proceed

702950.00

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

73109

Originating Lender

Citizens Bank and Trust Company

Originating Lender City

BLACKSTONE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

884781.88

Forgiveness Date

01/07/2021

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