PPP Loan information for Glade machine inc

$110,800

Glade machine inc was initially approved for PPP Loan of amount $110,800, the current approved amount is $110,800. The loan was approved on 03/10/2021 by The First Community Bank reported 13 jobs and $110,800 was used to fund payroll.

Glade machine inc is Existing or more than 2 years old

GLADE MACHINE INC

Date Approved

03/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

GLADE MACHINE INC

Borrower Address

13092 Old Monroe Rd

Borrower City

Glade Spring

Borrower State

VA

Borrower Zip

24340

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110800.00

Current Approval Amount

110800.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glade Spring

Project County Name

WASHINGTON

Project State

VA

Project Zip

24340

CD

VA-09

Jobs Reported

13

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110800.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

111552.83

Forgiveness Date

11/19/2021

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