PPP Loan information for Lynchburg ready mix concrete co.

$635,400

Lynchburg ready mix concrete co. was initially approved for PPP Loan of amount $635,400, the current approved amount is $635,400. The loan was approved on 04/29/2020 by The The First Bank and Trust Company reported 49 jobs and $635,400 was used to fund payroll.

Lynchburg ready mix concrete co. is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Lynchburg ready mix concrete co.

LYNCHBURG READY MIX CONCRETE CO.

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LYNCHBURG READY MIX CONCRETE CO.

Borrower Address

100 Halsey Road

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-2450

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

635400.00

Current Approval Amount

635400.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-2450

CD

VA-05

Jobs Reported

49

NAICS Code

327320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

635400.00

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

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

639989.00

Forgiveness Date

01/26/2021

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