PPP Loan information for R & r automation

$175,200

R & r automation was initially approved for PPP Loan of amount $175,200, the current approved amount is $175,200. The loan was approved on 03/15/2021 by The Truist Bank reported 27 jobs and $175,200 was used to fund payroll.

R & r automation is Existing or more than 2 years old

R & R AUTOMATION

Date Approved

03/15/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

R & R AUTOMATION

Borrower Address

2130 Appalachian Dr

Borrower City

Martinsville

Borrower State

VA

Borrower Zip

24112-7736

Loan Status Date

11/15/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

175200.00

Current Approval Amount

175200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Martinsville

Project County Name

HENRY

Project State

VA

Project Zip

24112-7736

CD

VA-09

Jobs Reported

27

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

175198.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;