PPP Loan information for Hi-test laboratories, inc.

$680,300

Hi-test laboratories, inc. was initially approved for PPP Loan of amount $680,300, the current approved amount is $680,300. The loan was approved on 04/08/2020 by The Chesapeake Bank reported 37 jobs and $680,300 was used to fund payroll.

Hi-test laboratories, inc. is Existing or more than 2 years old

HI-TEST LABORATORIES, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HI-TEST LABORATORIES, INC.

Borrower Address

1104 Arvon Road

Borrower City

ASHLAND

Borrower State

VA

Borrower Zip

23005-0087

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

680300.00

Current Approval Amount

680300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

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

23005-0087

CD

VA-05

Jobs Reported

37

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

680300.00

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

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

689559.64

Forgiveness Date

08/17/2021

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