PPP Loan information for Ramsey industrial company

$248,200

Ramsey industrial company was initially approved for PPP Loan of amount $248,200, the current approved amount is $248,200. The loan was approved on 04/10/2020 by The Summit Community Bank, Inc. reported 15 jobs and $248,200 was used to fund payroll.

Ramsey industrial company is Existing or more than 2 years old

PPP Loan Search / VA / BLUEFIELD / Ramsey industrial company

RAMSEY INDUSTRIAL COMPANY

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RAMSEY INDUSTRIAL COMPANY

Borrower Address

129 INDUSTRIAL PARK RD

Borrower City

BLUEFIELD

Borrower State

VA

Borrower Zip

24605-9361

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248200.00

Current Approval Amount

248200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLUEFIELD

Project County Name

TAZEWELL

Project State

VA

Project Zip

24605-9361

CD

VA-09

Jobs Reported

15

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9600.00

Payroll Proceed

198600.00

Mortgage Interest Proceed

40000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

250261.44

Forgiveness Date

02/11/2021

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