PPP Loan information for Lynchburg fabrication inc. of va

$150,897

Lynchburg fabrication inc. of va was initially approved for PPP Loan of amount $150,897, the current approved amount is $150,897. The loan was approved on 04/06/2020 by The First National Bank reported 11 jobs and $150,897 was used to fund payroll.

Lynchburg fabrication inc. of va is Existing or more than 2 years old

LYNCHBURG FABRICATION INC. OF VA

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LYNCHBURG FABRICATION INC. OF VA

Borrower Address

2824 Carroll Avenue

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-4911

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150897.00

Current Approval Amount

150897.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-4911

CD

VA-05

Jobs Reported

11

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

146897.00

Mortgage Interest Proceed

2000.00

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

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

151877.83

Forgiveness Date

12/09/2020

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