PPP Loan information for Commonwealth engineering and sales inc.

$281,300

Commonwealth engineering and sales inc. was initially approved for PPP Loan of amount $281,325, the current approved amount is $281,300. The loan was approved on 04/28/2020 by The Atlantic Union Bank reported 18 jobs and $281,300 was used to fund payroll.

Commonwealth engineering and sales inc. is Existing or more than 2 years old

COMMONWEALTH ENGINEERING AND SALES INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COMMONWEALTH ENGINEERING AND SALES INC.

Borrower Address

303 Ashcake Rd, Suite G

Borrower City

Ashland

Borrower State

VA

Borrower Zip

23005

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281325.00

Current Approval Amount

281300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

HANOVER

Project State

VA

Project Zip

23005-0001

CD

VA-05

Jobs Reported

18

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

281300.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

282706.50

Forgiveness Date

11/03/2020

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