PPP Loan information for L & r logging, inc.

$41,600

L & r logging, inc. was initially approved for PPP Loan of amount $41,600, the current approved amount is $41,600. The loan was approved on 04/27/2020 by The First Community Bank reported 6 jobs and $41,600 was used to fund payroll.

L & r logging, inc. is Existing or more than 2 years old

L & R LOGGING, INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

L & R LOGGING, INC.

Borrower Address

395 Hardscuffle Road

Borrower City

Hillsville

Borrower State

VA

Borrower Zip

24343

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41600.00

Current Approval Amount

41600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hillsville

Project County Name

CARROLL

Project State

VA

Project Zip

24343-0001

CD

VA-09

Jobs Reported

6

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

0.00

Mortgage Interest Proceed

41600.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41932.80

Forgiveness Date

03/09/2021

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