PPP Loan information for Mcclain & co, inc.

$1,425,800

Mcclain & co, inc. was initially approved for PPP Loan of amount $1,425,800, the current approved amount is $1,425,800. The loan was approved on 04/13/2020 by The Blue Ridge Bank, National Association reported 130 jobs and $1,425,800 was used to fund payroll.

Mcclain & co, inc. is Existing or more than 2 years old

MCCLAIN & CO, INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MCCLAIN & CO, INC.

Borrower Address

19152 Germanna Hwy

Borrower City

Culpeper

Borrower State

VA

Borrower Zip

22701-6023

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1425800.00

Current Approval Amount

1425800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Culpeper

Project County Name

CULPEPER

Project State

VA

Project Zip

22701-6023

CD

VA-07

Jobs Reported

130

NAICS Code

532120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

1250000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

119300.00

Debt Interest Proceed

16500

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1441127.35

Forgiveness Date

05/11/2021

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