PPP Loan information for Red oak excavating, inc

$226,171

Red oak excavating, inc was initially approved for PPP Loan of amount $226,171, the current approved amount is $226,171. The loan was approved on 04/10/2020 by The Benchmark Community Bank reported 18 jobs and $226,171 was used to fund payroll.

Red oak excavating, inc is Existing or more than 2 years old

PPP Loan Search / VA / RED OAK / Red oak excavating, inc

RED OAK EXCAVATING, INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RED OAK EXCAVATING, INC

Borrower Address

5192 Barnesville Hwy

Borrower City

RED OAK

Borrower State

VA

Borrower Zip

23964-5003

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226170.75

Current Approval Amount

226170.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED OAK

Project County Name

CHARLOTTE

Project State

VA

Project Zip

23964-5003

CD

VA-05

Jobs Reported

18

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

169628.07

Mortgage Interest Proceed

56542.68

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

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

227385.26

Forgiveness Date

11/03/2020

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