PPP Loan information for Mac and bob's

$259,000

Mac and bob's was initially approved for PPP Loan of amount $259,000, the current approved amount is $259,000. The loan was approved on 04/08/2020 by The Bank of Botetourt reported 102 jobs and $259,000 was used to fund payroll.

Mac and bob's is Existing or more than 2 years old

MAC AND BOB'S

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MAC AND BOB'S

Borrower Address

316 East Main Street

Borrower City

SALEM

Borrower State

VA

Borrower Zip

24153-4323

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259000.00

Current Approval Amount

259000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73136

Servicing Lender Name

Bank of Botetourt

Servicing Lender Address

19747 Main St

Servicing Lender City

BUCHANAN

Servicing Lender State

VA

Servicing Lender Zip

24066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

SALEM

Project State

VA

Project Zip

24153-4323

CD

VA-06

Jobs Reported

102

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12950.00

Payroll Proceed

194250.00

Mortgage Interest Proceed

38850.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12950.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73136

Originating Lender

Bank of Botetourt

Originating Lender City

BUCHANAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

262266.28

Forgiveness Date

07/07/2021

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