PPP Loan information for Independence lumber inc.

$1,334,000

Independence lumber inc. was initially approved for PPP Loan of amount $1,334,000, the current approved amount is $1,334,000. The loan was approved on 04/08/2020 by The Skyline National Bank reported 172 jobs and $1,334,000 was used to fund payroll.

Independence lumber inc. is Existing or more than 2 years old

INDEPENDENCE LUMBER INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INDEPENDENCE LUMBER INC.

Borrower Address

407 Lumber Lane

Borrower City

INDEPENDENCE

Borrower State

VA

Borrower Zip

24348-4057

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1334000.00

Current Approval Amount

1334000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDEPENDENCE

Project County Name

GRAYSON

Project State

VA

Project Zip

24348-4057

CD

VA-09

Jobs Reported

172

NAICS Code

321113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

333500.00

Payroll Proceed

1000500.00

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

Corporation

Originating Lender Location Id

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1346024.27

Forgiveness Date

03/05/2021

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