PPP Loan information for Commonwealth painting & decorating, inc.

$257,000

Commonwealth painting & decorating, inc. was initially approved for PPP Loan of amount $257,000, the current approved amount is $257,000. The loan was approved on 04/09/2020 by The United Bank reported 34 jobs and $257,000 was used to fund payroll.

Commonwealth painting & decorating, inc. is Existing or more than 2 years old

COMMONWEALTH PAINTING & DECORATING, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COMMONWEALTH PAINTING & DECORATING, INC.

Borrower Address

1600 Mountain Road

Borrower City

GLEN ALLEN

Borrower State

VA

Borrower Zip

23060-4206

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257000.00

Current Approval Amount

257000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLEN ALLEN

Project County Name

HENRICO

Project State

VA

Project Zip

23060-4206

CD

VA-01

Jobs Reported

34

NAICS Code

238320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

257000.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

258420.64

Forgiveness Date

11/03/2020

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