PPP Loan information for Schaffner mtc llc

$1,317,000

Schaffner mtc llc was initially approved for PPP Loan of amount $1,317,000, the current approved amount is $1,317,000. The loan was approved on 05/05/2020 by The First Sentinel Bank reported 103 jobs and $1,317,000 was used to fund payroll.

Schaffner mtc llc is Existing or more than 2 years old

SCHAFFNER MTC LLC

Date Approved

05/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SCHAFFNER MTC LLC

Borrower Address

826 Fairview Road

Borrower City

Wytheville

Borrower State

VA

Borrower Zip

24382-4507

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1317000.00

Current Approval Amount

1317000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117711

Servicing Lender Name

First Sentinel Bank

Servicing Lender Address

315 Railroad Ave

Servicing Lender City

RICHLANDS

Servicing Lender State

VA

Servicing Lender Zip

24641-2448

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wytheville

Project County Name

WYTHE

Project State

VA

Project Zip

24382-4507

CD

VA-09

Jobs Reported

103

NAICS Code

335311

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1317000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

117711

Originating Lender

First Sentinel Bank

Originating Lender City

RICHLANDS

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1323585.00

Forgiveness Date

11/03/2020

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