PPP Loan information for Eastern supply inc

$396,600

Eastern supply inc was initially approved for PPP Loan of amount $396,600, the current approved amount is $396,600. The loan was approved on 04/14/2020 by The Summit Community Bank, Inc. reported 31 jobs and $396,600 was used to fund payroll.

Eastern supply inc is Existing or more than 2 years old

EASTERN SUPPLY INC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

EASTERN SUPPLY INC

Borrower Address

240 MCGHEE RD

Borrower City

WINCHESTER

Borrower State

VA

Borrower Zip

22603-4629

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

396600.00

Current Approval Amount

396600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

FREDERICK

Project State

VA

Project Zip

22603-4629

CD

VA-06

Jobs Reported

31

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16600.00

Payroll Proceed

316000.00

Mortgage Interest Proceed

64000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

399177.90

Forgiveness Date

12/08/2020

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