PPP Loan information for Railside enterprises,inc

$1,700,000

Railside enterprises,inc was initially approved for PPP Loan of amount $1,700,000, the current approved amount is $1,700,000. The loan was approved on 04/08/2020 by The Farmers & Merchants Bank reported 137 jobs and $1,700,000 was used to fund payroll.

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

PPP Loan Search / VA / WEYERS CAVE / Railside enterprises,inc

RAILSIDE ENTERPRISES,INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RAILSIDE ENTERPRISES,INC

Borrower Address

73 RAILSIDE DR

Borrower City

WEYERS CAVE

Borrower State

VA

Borrower Zip

24486-2416

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1700000.00

Current Approval Amount

1700000.00

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

137

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1700000.00

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

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1709586.11

Forgiveness Date

11/03/2020

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