PPP Loan information for Commonwealth gem and watch werks inc

$27,140

Commonwealth gem and watch werks inc was initially approved for PPP Loan of amount $27,140, the current approved amount is $27,140. The loan was approved on 02/26/2021 by The American National Bank and Trust Company reported 5 jobs and $27,140 was used to fund payroll.

Commonwealth gem and watch werks inc is Existing or more than 2 years old

COMMONWEALTH GEM AND WATCH WERKS INC

Date Approved

02/26/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

COMMONWEALTH GEM AND WATCH WERKS INC

Borrower Address

601 Main St

Borrower City

Danville

Borrower State

VA

Borrower Zip

24541-1319

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27140.00

Current Approval Amount

27140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24541-1319

CD

VA-05

Jobs Reported

5

NAICS Code

448310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

27135.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27298.32

Forgiveness Date

09/28/2021

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