PPP Loan information for Johnny asal lumber co, inc

$348,200

Johnny asal lumber co, inc was initially approved for PPP Loan of amount $348,200, the current approved amount is $348,200. The loan was approved on 04/27/2020 by The New Horizon Bank, National Association reported 43 jobs and $348,200 was used to fund payroll.

Johnny asal lumber co, inc is Existing or more than 2 years old

PPP Loan Search / VA / CUMBERLAND / Johnny asal lumber co, inc

JOHNNY ASAL LUMBER CO, INC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

JOHNNY ASAL LUMBER CO, INC

Borrower Address

118 Salem Church Road

Borrower City

CUMBERLAND

Borrower State

VA

Borrower Zip

23040

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

348200.00

Current Approval Amount

348200.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUMBERLAND

Project County Name

CUMBERLAND

Project State

VA

Project Zip

23040-0001

CD

VA-05

Jobs Reported

43

NAICS Code

423310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

348200.00

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

350134.44

Forgiveness Date

11/17/2020

;