PPP Loan information for Foley material handling co., inc.

$1,900,000

Foley material handling co., inc. was initially approved for PPP Loan of amount $2,098,900, the current approved amount is $1,900,000. The loan was approved on 04/27/2020 by The Primis Bank reported 122 jobs and $1,900,000 was used to fund payroll.

Foley material handling co., inc. is Existing or more than 2 years old

PPP Loan Search / VA / Ashland / Foley material handling co., inc.

FOLEY MATERIAL HANDLING CO., INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FOLEY MATERIAL HANDLING CO., INC.

Borrower Address

11327 Virginia Crane Drive PO Box 289

Borrower City

Ashland

Borrower State

VA

Borrower Zip

23005

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2098900.00

Current Approval Amount

1900000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

HANOVER

Project State

VA

Project Zip

23005-0001

CD

VA-05

Jobs Reported

122

NAICS Code

333923

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1900000.00

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

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1917386.30

Forgiveness Date

03/31/2021

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