PPP Loan information for Loomcraft mills ltd

$50,510

Loomcraft mills ltd was initially approved for PPP Loan of amount $49,300, the current approved amount is $50,510. The loan was approved on 01/22/2021 by The Loan Source Incorporated reported 5 jobs and $50,510 was used to fund payroll.

Loomcraft mills ltd is Existing or more than 2 years old

PPP Loan Search / VA / White Stone / Loomcraft mills ltd

LOOMCRAFT MILLS LTD

Date Approved

01/22/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

LOOMCRAFT MILLS LTD

Borrower Address

823 Rappahannock Dr

Borrower City

White Stone

Borrower State

VA

Borrower Zip

22578

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49300.00

Current Approval Amount

50509.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

White Stone

Project County Name

LANCASTER

Project State

VA

Project Zip

22578

CD

VA-01

Jobs Reported

5

NAICS Code

442210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50509.67

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

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

50971.87

Forgiveness Date

12/23/2021

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