PPP Loan information for Phillip spence

$11,800

Phillip spence was initially approved for PPP Loan of amount $11,800, the current approved amount is $11,800. The loan was approved on 03/26/2021 by The Farmers & Merchants Bank of Craig County reported 1 jobs and $11,800 was used to fund payroll.

Phillip spence is Existing or more than 2 years old

PHILLIP SPENCE

Date Approved

03/26/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PHILLIP SPENCE

Borrower Address

211 Main St

Borrower City

New Castle

Borrower State

VA

Borrower Zip

24127-6302

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11800.00

Current Approval Amount

11800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73547

Servicing Lender Name

Farmers & Merchants Bank of Craig County

Servicing Lender Address

189 Main St

Servicing Lender City

NEW CASTLE

Servicing Lender State

VA

Servicing Lender Zip

24127-8077

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Castle

Project County Name

CRAIG

Project State

VA

Project Zip

24127-6302

CD

VA-09

Jobs Reported

1

NAICS Code

453220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

11799.00

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

73547

Originating Lender

Farmers & Merchants Bank of Craig County

Originating Lender City

NEW CASTLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11843.97

Forgiveness Date

08/13/2021

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