PPP Loan information for J b mulch sales inc

$83,700

J b mulch sales inc was initially approved for PPP Loan of amount $83,700, the current approved amount is $83,700. The loan was approved on 04/30/2020 by The New Horizon Bank, National Association reported 16 jobs and $83,700 was used to fund payroll.

J b mulch sales inc is Existing or more than 2 years old

J B MULCH SALES INC

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

J B MULCH SALES INC

Borrower Address

11395 Chester Road

Borrower City

CHESTER

Borrower State

VA

Borrower Zip

23831-1220

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83700.00

Current Approval Amount

83700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

470277

Servicing Lender Name

New Horizon Bank, National Association

Servicing Lender Address

1870 Stoneridge Commerce Dr

Servicing Lender City

POWHATAN

Servicing Lender State

VA

Servicing Lender Zip

23139-6640

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTER

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23831-1220

CD

VA-04

Jobs Reported

16

NAICS Code

444190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

83700.00

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

470277

Originating Lender

New Horizon Bank, National Association

Originating Lender City

POWHATAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

84199.88

Forgiveness Date

12/15/2020

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