PPP Loan information for Richard smith

$19,621

Richard smith was initially approved for PPP Loan of amount $19,621, the current approved amount is $19,621. The loan was approved on 04/23/2021 by The Cornerstone Bank reported 1 jobs and $19,621 was used to fund payroll.

Richard smith is Existing or more than 2 years old

RICHARD SMITH

Date Approved

04/23/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RICHARD SMITH

Borrower Address

25 Rolling Meadow Dr

Borrower City

Lexington

Borrower State

VA

Borrower Zip

24450-7501

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19621.00

Current Approval Amount

19621.00

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

24450-7501

CD

VA-06

Jobs Reported

1

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

19618.00

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

Sole Proprietorship

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19668.31

Forgiveness Date

07/21/2021

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