PPP Loan information for Moffett paving and excavating corporation

$419,000

Moffett paving and excavating corporation was initially approved for PPP Loan of amount $419,000, the current approved amount is $419,000. The loan was approved on 04/10/2020 by The Highlands Community Bank reported 41 jobs and $419,000 was used to fund payroll.

Moffett paving and excavating corporation is Existing or more than 2 years old

MOFFETT PAVING AND EXCAVATING CORPORATION

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MOFFETT PAVING AND EXCAVATING CORPORATION

Borrower Address

2685 PO BOX

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24402-2685

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

419000.00

Current Approval Amount

419000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

276736

Servicing Lender Name

Highlands Community Bank

Servicing Lender Address

307 Thacker Ave

Servicing Lender City

COVINGTON

Servicing Lender State

VA

Servicing Lender Zip

24426-2264

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24402-2685

CD

VA-06

Jobs Reported

41

NAICS Code

324121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19000.00

Payroll Proceed

400000.00

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

Corporation

Originating Lender Location Id

276736

Originating Lender

Highlands Community Bank

Originating Lender City

COVINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

421688.58

Forgiveness Date

12/08/2020

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