PPP Loan information for Ricottilli lumber company

$135,000

Ricottilli lumber company was initially approved for PPP Loan of amount $135,000, the current approved amount is $135,000. The loan was approved on 04/28/2020 by The Mountain Valley Bank, National Association reported 24 jobs and $135,000 was used to fund payroll.

Ricottilli lumber company is Existing or more than 2 years old

RICOTTILLI LUMBER COMPANY

Date Approved

04/28/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

RICOTTILLI LUMBER COMPANY

Borrower Address

227 S HADDIX RD

Borrower City

MONTROSE

Borrower State

WV

Borrower Zip

26283-8826

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135000.00

Current Approval Amount

135000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75317

Servicing Lender Name

Mountain Valley Bank, National Association

Servicing Lender Address

317 Davis Ave

Servicing Lender City

ELKINS

Servicing Lender State

WV

Servicing Lender Zip

26241-3846

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTROSE

Project County Name

RANDOLPH

Project State

WV

Project Zip

26283-8826

CD

WV-02

Jobs Reported

24

NAICS Code

321113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

135000.00

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

75317

Originating Lender

Mountain Valley Bank, National Association

Originating Lender City

ELKINS

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

136427.67

Forgiveness Date

05/20/2021

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