PPP Loan information for Danville distributing co.

$545,477

Danville distributing co. was initially approved for PPP Loan of amount $545,477, the current approved amount is $545,477. The loan was approved on 04/07/2020 by The First National Bank reported 50 jobs and $545,477 was used to fund payroll.

Danville distributing co. is Existing or more than 2 years old

PPP Loan Search / VA / DANVILLE / Danville distributing co.

DANVILLE DISTRIBUTING CO.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DANVILLE DISTRIBUTING CO.

Borrower Address

PO BOX 11805

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24543-5031

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

545477.00

Current Approval Amount

545477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

U

Hubzone Indicator

N

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

24543-5031

CD

VA-05

Jobs Reported

50

NAICS Code

424820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

545477.00

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

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

551083.29

Forgiveness Date

04/20/2021

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