PPP Loan information for Champion iron works inc

$185,000

Champion iron works inc was initially approved for PPP Loan of amount $225,700, the current approved amount is $185,000. The loan was approved on 04/15/2020 by The Bank of Clarke reported 20 jobs and $185,000 was used to fund payroll.

Champion iron works inc is New Business or 2 years or less

CHAMPION IRON WORKS INC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHAMPION IRON WORKS INC

Borrower Address

509 JACK ENDERS BLVD

Borrower City

BERRYVILLE

Borrower State

VA

Borrower Zip

22611-1534

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225700.00

Current Approval Amount

185000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73092

Servicing Lender Name

Bank of Clarke

Servicing Lender Address

2 E Main St

Servicing Lender City

BERRYVILLE

Servicing Lender State

VA

Servicing Lender Zip

22611-1338

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BERRYVILLE

Project County Name

CLARKE

Project State

VA

Project Zip

22611-1534

CD

VA-06

Jobs Reported

20

NAICS Code

332111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

185000.00

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

73092

Originating Lender

Bank of Clarke

Originating Lender City

BERRYVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

187117.22

Forgiveness Date

06/17/2021

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