PPP Loan information for Colt, inc

$68,600

Colt, inc was initially approved for PPP Loan of amount $68,600, the current approved amount is $68,600. The loan was approved on 04/12/2020 by The The Bank of Marion reported 12 jobs and $68,600 was used to fund payroll.

Colt, inc is Unanswered

COLT, INC

Date Approved

04/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COLT, INC

Borrower Address

5795 Redbud Hwy

Borrower City

HONAKER

Borrower State

VA

Borrower Zip

24260

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68600.00

Current Approval Amount

68600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

HONAKER

Project County Name

RUSSELL

Project State

VA

Project Zip

24260-0201

CD

VA-09

Jobs Reported

12

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6600.00

Payroll Proceed

55000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

69214.58

Forgiveness Date

03/11/2021

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