PPP Loan information for Rod enterprises inc

$40,000

Rod enterprises inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/08/2020 by The The First Bank and Trust Company reported 22 jobs and $40,000 was used to fund payroll.

Rod enterprises inc is Existing or more than 2 years old

ROD ENTERPRISES INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ROD ENTERPRISES INC

Borrower Address

696 HIGHWAY 58 E

Borrower City

NORTON

Borrower State

VA

Borrower Zip

24273-3001

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTON

Project County Name

NORTON CITY

Project State

VA

Project Zip

24273-3001

CD

VA-09

Jobs Reported

22

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40335.56

Forgiveness Date

02/25/2021

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