PPP Loan information for Fred's trading center

$50,000

Fred's trading center was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/04/2020 by The The Bank of Marion reported 14 jobs and $50,000 was used to fund payroll.

Fred's trading center is Existing or more than 2 years old

PPP Loan Search / VA / SALTVILLE / Fred's trading center

FRED'S TRADING CENTER

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FRED'S TRADING CENTER

Borrower Address

901 East Main St

Borrower City

SALTVILLE

Borrower State

VA

Borrower Zip

24370-3207

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALTVILLE

Project County Name

SMYTH

Project State

VA

Project Zip

24370-3207

CD

VA-09

Jobs Reported

14

NAICS Code

445120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50312.33

Forgiveness Date

11/25/2020

;