PPP Loan information for New river general store

$10,000

New river general store was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 04/28/2020 by The Summit Community Bank, Inc. reported 4 jobs and $10,000 was used to fund payroll.

New river general store is Existing or more than 2 years old

NEW RIVER GENERAL STORE

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEW RIVER GENERAL STORE

Borrower Address

2773 FORT CHISWELL RD

Borrower City

MAX MEADOWS

Borrower State

VA

Borrower Zip

24360-3053

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAX MEADOWS

Project County Name

WYTHE

Project State

VA

Project Zip

24360-3053

CD

VA-09

Jobs Reported

4

NAICS Code

445120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

8000.00

Mortgage Interest Proceed

1000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10064.72

Forgiveness Date

12/28/2020

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