PPP Loan information for Direct wood products inc.

$322,500

Direct wood products inc. was initially approved for PPP Loan of amount $322,500, the current approved amount is $322,500. The loan was approved on 04/09/2020 by The Atlantic Union Bank reported 43 jobs and $322,500 was used to fund payroll.

Direct wood products inc. is Existing or more than 2 years old

PPP Loan Search / VA / WEST POINT / Direct wood products inc.

DIRECT WOOD PRODUCTS INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DIRECT WOOD PRODUCTS INC.

Borrower Address

18503 ELTHAM RD

Borrower City

WEST POINT

Borrower State

VA

Borrower Zip

23181-9443

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322500.00

Current Approval Amount

322500.00

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

WEST POINT

Project County Name

NEW KENT

Project State

VA

Project Zip

23181-9443

CD

VA-01

Jobs Reported

43

NAICS Code

321920

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

322500.00

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

Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

325026.25

Forgiveness Date

01/25/2021

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