PPP Loan information for Ramsey brothers logging inc

$21,500

Ramsey brothers logging inc was initially approved for PPP Loan of amount $21,500, the current approved amount is $21,500. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 3 jobs and $21,500 was used to fund payroll.

Ramsey brothers logging inc is Existing or more than 2 years old

PPP Loan Search / VA / LEXINGTON / Ramsey brothers logging inc

RAMSEY BROTHERS LOGGING INC

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RAMSEY BROTHERS LOGGING INC

Borrower Address

935 sugar creek rd

Borrower City

LEXINGTON

Borrower State

VA

Borrower Zip

24450-6218

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21500.00

Current Approval Amount

21500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

ROCKBRIDGE

Project State

VA

Project Zip

24450-6218

CD

VA-06

Jobs Reported

3

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21500.00

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

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21646.67

Forgiveness Date

12/15/2020

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