PPP Loan information for Reed's carbide saw service, inc

$109,400

Reed's carbide saw service, inc was initially approved for PPP Loan of amount $109,400, the current approved amount is $109,400. The loan was approved on 04/15/2020 by The Bank of the James reported 10 jobs and $109,400 was used to fund payroll.

Reed's carbide saw service, inc is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Reed's carbide saw service, inc

REED'S CARBIDE SAW SERVICE, INC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

REED'S CARBIDE SAW SERVICE, INC

Borrower Address

1315 Commerce St

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24504

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109400.00

Current Approval Amount

109400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24504-0001

CD

VA-05

Jobs Reported

10

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

109400.00

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

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110834.36

Forgiveness Date

08/10/2021

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