PPP Loan information for Asbestco, inc.

$82,800

Asbestco, inc. was initially approved for PPP Loan of amount $107,500, the current approved amount is $82,800. The loan was approved on 04/14/2020 by The Atlantic Union Bank reported 7 jobs and $82,800 was used to fund payroll.

Asbestco, inc. is New Business or 2 years or less

ASBESTCO, INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ASBESTCO, INC.

Borrower Address

30 Long Leaf Lane

Borrower City

Palmyra

Borrower State

VA

Borrower Zip

22963

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107500.00

Current Approval Amount

82800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Palmyra

Project County Name

FLUVANNA

Project State

VA

Project Zip

22963-0001

CD

VA-05

Jobs Reported

7

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

82800.00

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

Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83568.20

Forgiveness Date

03/31/2021

;