PPP Loan information for J.c. wright funeral home inc

$85,800

J.c. wright funeral home inc was initially approved for PPP Loan of amount $85,800, the current approved amount is $85,800. The loan was approved on 04/10/2020 by The TowneBank reported 12 jobs and $85,800 was used to fund payroll.

J.c. wright funeral home inc is Existing or more than 2 years old

J.C. WRIGHT FUNERAL HOME INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

J.C. WRIGHT FUNERAL HOME INC

Borrower Address

206 W. 4th Ave

Borrower City

FRANKLIN

Borrower State

VA

Borrower Zip

23851-1734

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85800.00

Current Approval Amount

85800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

FRANKLIN CITY

Project State

VA

Project Zip

23851-1734

CD

VA-02

Jobs Reported

12

NAICS Code

812210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21450.00

Payroll Proceed

64350.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86517.38

Forgiveness Date

02/25/2021

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