PPP Loan information for Railside enterprises inc.

$736,995

Railside enterprises inc. was initially approved for PPP Loan of amount $736,995, the current approved amount is $736,995. The loan was approved on 02/25/2021 by The Farmers & Merchants Bank reported 56 jobs and $736,995 was used to fund payroll.

Railside enterprises inc. is Existing or more than 2 years old

RAILSIDE ENTERPRISES INC.

Date Approved

02/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

RAILSIDE ENTERPRISES INC.

Borrower Address

73 Railside Dr

Borrower City

Weyers Cave

Borrower State

VA

Borrower Zip

24486-2416

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

736995.00

Current Approval Amount

736995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Weyers Cave

Project County Name

AUGUSTA

Project State

VA

Project Zip

24486-2416

CD

VA-06

Jobs Reported

56

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

736993.00

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

Corporation

Originating Lender Location Id

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

739983.92

Forgiveness Date

07/23/2021

;