PPP Loan information for R a yancey lumber corp

$830,800

R a yancey lumber corp was initially approved for PPP Loan of amount $830,800, the current approved amount is $830,800. The loan was approved on 04/13/2020 by The Primis Bank reported 75 jobs and $830,800 was used to fund payroll.

R a yancey lumber corp is Existing or more than 2 years old

R A YANCEY LUMBER CORP

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

R A YANCEY LUMBER CORP

Borrower Address

P O Box 115

Borrower City

Crozet

Borrower State

VA

Borrower Zip

22932

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

830800.00

Current Approval Amount

830800.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crozet

Project County Name

ALBEMARLE

Project State

VA

Project Zip

22932-0001

CD

VA-05

Jobs Reported

75

NAICS Code

321113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

830800.00

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

837150.50

Forgiveness Date

01/20/2021

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