PPP Loan information for Lawrence distributing company inc

$631,000

Lawrence distributing company inc was initially approved for PPP Loan of amount $631,000, the current approved amount is $631,000. The loan was approved on 04/12/2020 by The American National Bank and Trust Company reported 78 jobs and $631,000 was used to fund payroll.

Lawrence distributing company inc is Existing or more than 2 years old

PPP Loan Search / VA / DANVILLE / Lawrence distributing company inc

LAWRENCE DISTRIBUTING COMPANY INC

Date Approved

04/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LAWRENCE DISTRIBUTING COMPANY INC

Borrower Address

PO Box 11090

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24543

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

631000.00

Current Approval Amount

631000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24543-0001

CD

VA-05

Jobs Reported

78

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

157000.00

Payroll Proceed

474000.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

635557.22

Forgiveness Date

01/07/2021

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