PPP Loan information for Fain brothers logging

$24,100

Fain brothers logging was initially approved for PPP Loan of amount $44,700, the current approved amount is $24,100. The loan was approved on 04/03/2020 by The First Community Bank reported 8 jobs and $24,100 was used to fund payroll.

Fain brothers logging is Existing or more than 2 years old

FAIN BROTHERS LOGGING

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FAIN BROTHERS LOGGING

Borrower Address

3607 RAVEN ROCK RD

Borrower City

ARARAT

Borrower State

VA

Borrower Zip

24053-3247

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44700.00

Current Approval Amount

24100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARARAT

Project County Name

PATRICK

Project State

VA

Project Zip

24053-3247

CD

VA-09

Jobs Reported

8

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24100.00

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

Partnership

Originating Lender Location Id

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24213.14

Forgiveness Date

10/13/2020

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