PPP Loan information for Mays grocery inc

$37,959

Mays grocery inc was initially approved for PPP Loan of amount $37,959, the current approved amount is $37,959. The loan was approved on 04/27/2020 by The Cornerstone Bank reported 10 jobs and $37,959 was used to fund payroll.

Mays grocery inc is Existing or more than 2 years old

PPP Loan Search / VA / BUENA VISTA / Mays grocery inc

MAYS GROCERY INC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MAYS GROCERY INC

Borrower Address

1036 MAGNOLIA AVE

Borrower City

BUENA VISTA

Borrower State

VA

Borrower Zip

24416-3314

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37958.85

Current Approval Amount

37958.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BUENA VISTA

Project County Name

BUENA VISTA CITY

Project State

VA

Project Zip

24416-3314

CD

VA-06

Jobs Reported

10

NAICS Code

445120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

600.00

Payroll Proceed

36358.85

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

38287.48

Forgiveness Date

03/11/2021

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