PPP Loan information for Sams brothers incorporated

$53,000

Sams brothers incorporated was initially approved for PPP Loan of amount $116,000, the current approved amount is $53,000. The loan was approved on 04/04/2020 by The The First Bank and Trust Company reported 6 jobs and $53,000 was used to fund payroll.

Sams brothers incorporated is Existing or more than 2 years old

SAMS BROTHERS INCORPORATED

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SAMS BROTHERS INCORPORATED

Borrower Address

444 CHURCH ST

Borrower City

DUBLIN

Borrower State

VA

Borrower Zip

24084-2913

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116000.00

Current Approval Amount

53000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUBLIN

Project County Name

PULASKI

Project State

VA

Project Zip

24084-2913

CD

VA-09

Jobs Reported

6

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53000.00

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

53382.78

Forgiveness Date

01/07/2021

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