PPP Loan information for R & r automation

$165,100

R & r automation was initially approved for PPP Loan of amount $165,063, the current approved amount is $165,100. The loan was approved on 04/09/2020 by The Truist Bank reported 14 jobs and $165,100 was used to fund payroll.

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

PPP Loan Search / VA / MARTINSVILLE / R & r automation

R & R AUTOMATION

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

R & R AUTOMATION

Borrower Address

205 CEDAR RUN

Borrower City

MARTINSVILLE

Borrower State

VA

Borrower Zip

24112-6134

Loan Status Date

03/03/2022

Loan Status

Charged Off

Term

35

SBA Guaranty Percentage

100

Initial Approval Amount

165062.50

Current Approval Amount

165100.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARTINSVILLE

Project County Name

MARTINSVILLE CITY

Project State

VA

Project Zip

24112-6134

CD

VA-09

Jobs Reported

14

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165100.00

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

158100.18

Forgiveness Date

02/03/2022

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