PPP Loan information for Buchanan & edwards inc

$1,776,400

Buchanan & edwards inc was initially approved for PPP Loan of amount $7,697,100, the current approved amount is $1,776,400. The loan was approved on 04/09/2020 by The Truist Bank reported 280 jobs and $1,776,400 was used to fund payroll.

Buchanan & edwards inc is Existing or more than 2 years old

BUCHANAN & EDWARDS INC

Date Approved

04/09/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

BUCHANAN & EDWARDS INC

Borrower Address

1700 N. Moore St. Suite 2110

Borrower City

ARLINGTON

Borrower State

VA

Borrower Zip

22209-1901

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7697100.00

Current Approval Amount

1776400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON

Project County Name

ARLINGTON

Project State

VA

Project Zip

22209-1901

CD

VA-08

Jobs Reported

280

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1776400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1797667.46

Forgiveness Date

06/28/2021

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