PPP Loan information for Foster fuels inc.

$2,000,000

Foster fuels inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/06/2021 by The Bank of the James reported 191 jobs and $2,000,000 was used to fund payroll.

Foster fuels inc. is Existing or more than 2 years old

PPP Loan Search / VA / Brookneal / Foster fuels inc.

FOSTER FUELS INC.

Date Approved

02/06/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FOSTER FUELS INC.

Borrower Address

16720 Brookneal Hwy

Borrower City

Brookneal

Borrower State

VA

Borrower Zip

24528-2521

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brookneal

Project County Name

CAMPBELL

Project State

VA

Project Zip

24528-2521

CD

VA-05

Jobs Reported

191

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Sole Proprietorship

Originating Lender Location Id

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2013222.22

Forgiveness Date

10/12/2021

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