PPP Loan information for Colonial construction material inc

$271,066

Colonial construction material inc was initially approved for PPP Loan of amount $271,066, the current approved amount is $271,066. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 19 jobs and $271,066 was used to fund payroll.

Colonial construction material inc is Existing or more than 2 years old

COLONIAL CONSTRUCTION MATERIAL INC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COLONIAL CONSTRUCTION MATERIAL INC

Borrower Address

1071 Merchants Lane

Borrower City

Oilville

Borrower State

VA

Borrower Zip

23129

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

271066.00

Current Approval Amount

271066.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oilville

Project County Name

GOOCHLAND

Project State

VA

Project Zip

23129-0001

CD

VA-05

Jobs Reported

19

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33883.25

Payroll Proceed

203299.50

Mortgage Interest Proceed

0.00

Rent Proceed

33883.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

274356.44

Forgiveness Date

07/02/2021

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