PPP Loan information for Rixey's general merchandise

$25,000

Rixey's general merchandise was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/12/2020 by The Skyline National Bank reported 6 jobs and $25,000 was used to fund payroll.

Rixey's general merchandise is Existing or more than 2 years old

RIXEY'S GENERAL MERCHANDISE

Date Approved

04/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RIXEY'S GENERAL MERCHANDISE

Borrower Address

2449 Wilson Highway

Borrower City

INDEPENDENCE

Borrower State

VA

Borrower Zip

24348-4041

Loan Status Date

01/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

INDEPENDENCE

Project County Name

GRAYSON

Project State

VA

Project Zip

24348-4041

CD

VA-09

Jobs Reported

6

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6250.00

Payroll Proceed

18750.00

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

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25173.97

Forgiveness Date

12/31/2020

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