PPP Loan information for New london trailers, inc.

$119,546

New london trailers, inc. was initially approved for PPP Loan of amount $119,546, the current approved amount is $119,546. The loan was approved on 04/06/2020 by The First National Bank reported 11 jobs and $119,546 was used to fund payroll.

New london trailers, inc. is Existing or more than 2 years old

NEW LONDON TRAILERS, INC.

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEW LONDON TRAILERS, INC.

Borrower Address

13001 E. Lynchburg Salem Turnpike

Borrower City

FOREST

Borrower State

VA

Borrower Zip

24551-4365

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119546.00

Current Approval Amount

119546.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST

Project County Name

BEDFORD

Project State

VA

Project Zip

24551-4365

CD

VA-05

Jobs Reported

11

NAICS Code

444210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1046.00

Payroll Proceed

93500.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

111172.43

Forgiveness Date

11/05/2020

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