PPP Loan information for Lowe brothers

$50,000

Lowe brothers was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/09/2020 by The The First Bank and Trust Company reported 5 jobs and $50,000 was used to fund payroll.

Lowe brothers is Existing or more than 2 years old

LOWE BROTHERS

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LOWE BROTHERS

Borrower Address

13360 Lowes Drive

Borrower City

IVOR

Borrower State

VA

Borrower Zip

23866-3401

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IVOR

Project County Name

SOUTHAMPTON

Project State

VA

Project Zip

23866-3401

CD

VA-02

Jobs Reported

5

NAICS Code

111199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

Partnership

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50245.83

Forgiveness Date

10/13/2020

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