PPP Loan information for Managed growth inc

$70,463

Managed growth inc was initially approved for PPP Loan of amount $70,463, the current approved amount is $70,463. The loan was approved on 01/29/2021 by The The First Bank and Trust Company reported 6 jobs and $70,463 was used to fund payroll.

Managed growth inc is Existing or more than 2 years old

PPP Loan Search / VA / Blacksburg / Managed growth inc

MANAGED GROWTH INC

Date Approved

01/29/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MANAGED GROWTH INC

Borrower Address

712 N Main St Ste 102

Borrower City

Blacksburg

Borrower State

VA

Borrower Zip

24060-3575

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70462.50

Current Approval Amount

70462.50

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blacksburg

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24060-3575

CD

VA-09

Jobs Reported

6

NAICS Code

541613

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

70461.50

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70716.95

Forgiveness Date

06/15/2021

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