PPP Loan information for Momentum earthworks

$817,700

Momentum earthworks was initially approved for PPP Loan of amount $817,700, the current approved amount is $817,700. The loan was approved on 03/20/2021 by The Bank of the James reported 77 jobs and $817,700 was used to fund payroll.

Momentum earthworks is Existing or more than 2 years old

PPP Loan Search / VA / Rockingham / Momentum earthworks

MOMENTUM EARTHWORKS

Date Approved

03/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MOMENTUM EARTHWORKS

Borrower Address

1500 Pleasants Dr

Borrower City

Rockingham

Borrower State

VA

Borrower Zip

22801-3854

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

817700.00

Current Approval Amount

817700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockingham

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22801-3854

CD

VA-06

Jobs Reported

77

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

817700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

820289.38

Forgiveness Date

07/16/2021

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