PPP Loan information for Downriver canoe company

$113,900

Downriver canoe company was initially approved for PPP Loan of amount $42,400, the current approved amount is $113,900. The loan was approved on 04/08/2020 by The Blue Ridge Bank, National Association reported 5 jobs and $113,900 was used to fund payroll.

Downriver canoe company is Existing or more than 2 years old

DOWNRIVER CANOE COMPANY

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DOWNRIVER CANOE COMPANY

Borrower Address

PO BOX 10

Borrower City

BENTONVILLE

Borrower State

VA

Borrower Zip

22610-0010

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42400.00

Current Approval Amount

113900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BENTONVILLE

Project County Name

WARREN

Project State

VA

Project Zip

22610-0010

CD

VA-06

Jobs Reported

5

NAICS Code

423910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28450.00

Payroll Proceed

85450.00

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

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

107586.05

Forgiveness Date

08/12/2021

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