PPP Loan information for Clay-mac sealcoat corporation

$120,600

Clay-mac sealcoat corporation was initially approved for PPP Loan of amount $120,600, the current approved amount is $120,600. The loan was approved on 04/04/2020 by The The Old Point National Bank of Phoebus reported 17 jobs and $120,600 was used to fund payroll.

Clay-mac sealcoat corporation is Existing or more than 2 years old

PPP Loan Search / VA / YORKTOWN / Clay-mac sealcoat corporation

CLAY-MAC SEALCOAT CORPORATION

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CLAY-MAC SEALCOAT CORPORATION

Borrower Address

706 Hornsbyville Road

Borrower City

YORKTOWN

Borrower State

VA

Borrower Zip

23692-4903

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120600.00

Current Approval Amount

120600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YORKTOWN

Project County Name

YORK

Project State

VA

Project Zip

23692-4903

CD

VA-01

Jobs Reported

17

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1700.00

Payroll Proceed

112500.00

Mortgage Interest Proceed

0.00

Rent Proceed

6400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121551.40

Forgiveness Date

01/28/2021

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