PPP Loan information for Rectors' grading service, inc

$34,200

Rectors' grading service, inc was initially approved for PPP Loan of amount $34,200, the current approved amount is $34,200. The loan was approved on 04/11/2020 by The Skyline National Bank reported 2 jobs and $34,200 was used to fund payroll.

Rectors' grading service, inc is Existing or more than 2 years old

RECTORS' GRADING SERVICE, INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RECTORS' GRADING SERVICE, INC

Borrower Address

215 DOGWOOD RIDGE LN

Borrower City

GALAX

Borrower State

VA

Borrower Zip

24333-3264

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34200.00

Current Approval Amount

34200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GALAX

Project County Name

GRAYSON

Project State

VA

Project Zip

24333-3264

CD

VA-09

Jobs Reported

2

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8550.00

Payroll Proceed

25650.00

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

Subchapter S Corporation

Originating Lender Location Id

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34360.22

Forgiveness Date

10/09/2020

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