PPP Loan information for Cauthorne industries inc

$97,919

Cauthorne industries inc was initially approved for PPP Loan of amount $97,919, the current approved amount is $97,919. The loan was approved on 04/30/2020 by The Forbright Bank reported 10 jobs and $97,919 was used to fund payroll.

Cauthorne industries inc is New Business or 2 years or less

PPP Loan Search / VA / ASHLAND / Cauthorne industries inc

CAUTHORNE INDUSTRIES INC

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CAUTHORNE INDUSTRIES INC

Borrower Address

12124 WASHINGTON HIGHWAY

Borrower City

ASHLAND

Borrower State

VA

Borrower Zip

23005-7640

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97919.00

Current Approval Amount

97919.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ASHLAND

Project County Name

HANOVER

Project State

VA

Project Zip

23005-7640

CD

VA-01

Jobs Reported

10

NAICS Code

322219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97919.00

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

98585.39

Forgiveness Date

01/07/2021

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