PPP Loan information for Classic contractors of virginia, inc.

$52,800

Classic contractors of virginia, inc. was initially approved for PPP Loan of amount $52,800, the current approved amount is $52,800. The loan was approved on 04/28/2020 by The TowneBank reported 10 jobs and $52,800 was used to fund payroll.

Classic contractors of virginia, inc. is Existing or more than 2 years old

CLASSIC CONTRACTORS OF VIRGINIA, INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CLASSIC CONTRACTORS OF VIRGINIA, INC.

Borrower Address

17126 benns church blvd

Borrower City

SMITHFIELD

Borrower State

VA

Borrower Zip

23430

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52800.00

Current Approval Amount

52800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMITHFIELD

Project County Name

ISLE OF WIGHT

Project State

VA

Project Zip

23430-1000

CD

VA-02

Jobs Reported

10

NAICS Code

541320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52800.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53440.93

Forgiveness Date

07/13/2021

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