PPP Loan information for Pinecrest timber company

$630,600

Pinecrest timber company was initially approved for PPP Loan of amount $630,600, the current approved amount is $630,600. The loan was approved on 04/28/2020 by The Primis Bank reported 36 jobs and $630,600 was used to fund payroll.

Pinecrest timber company is Existing or more than 2 years old

PINECREST TIMBER COMPANY

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PINECREST TIMBER COMPANY

Borrower Address

121 Industrial Road

Borrower City

Waverly

Borrower State

VA

Borrower Zip

23890

Loan Status Date

07/31/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

630600.00

Current Approval Amount

630600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waverly

Project County Name

SUSSEX

Project State

VA

Project Zip

23890-0001

CD

VA-04

Jobs Reported

36

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

630600.00

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

Subchapter S Corporation

Originating Lender Location Id

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

638253.58

Forgiveness Date

07/19/2021

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