PPP Loan information for Hurt & proffitt, incorporated

$1,826,000

Hurt & proffitt, incorporated was initially approved for PPP Loan of amount $1,826,000, the current approved amount is $1,826,000. The loan was approved on 04/07/2020 by The American National Bank and Trust Company reported 128 jobs and $1,826,000 was used to fund payroll.

Hurt & proffitt, incorporated is Existing or more than 2 years old

HURT & PROFFITT, INCORPORATED

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HURT & PROFFITT, INCORPORATED

Borrower Address

2524 Langhorne Rd

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-1602

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1826000.00

Current Approval Amount

1826000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-1602

CD

VA-05

Jobs Reported

128

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

1636000.00

Mortgage Interest Proceed

0.00

Rent Proceed

175000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1838731.28

Forgiveness Date

12/23/2020

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