PPP Loan information for Foster fuels, inc.

$2,207,900

Foster fuels, inc. was initially approved for PPP Loan of amount $2,207,895, the current approved amount is $2,207,900. The loan was approved on 04/15/2020 by The Truist Bank reported 172 jobs and $2,207,900 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

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FOSTER FUELS, INC.

Borrower Address

16720 Brookneal Highway

Borrower City

BROOKNEAL

Borrower State

VA

Borrower Zip

24528-2521

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2207894.67

Current Approval Amount

2207900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

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

172

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2207900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2233352.18

Forgiveness Date

06/10/2021

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