PPP Loan information for Southern asphalt company inc

$118,075

Southern asphalt company inc was initially approved for PPP Loan of amount $118,075, the current approved amount is $118,075. The loan was approved on 04/28/2020 by The Burke & Herbert Bank & Trust Company reported 12 jobs and $118,075 was used to fund payroll.

Southern asphalt company inc is Existing or more than 2 years old

SOUTHERN ASPHALT COMPANY INC

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SOUTHERN ASPHALT COMPANY INC

Borrower Address

6828 HILL PARK DR

Borrower City

LORTON

Borrower State

VA

Borrower Zip

22079-1010

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118075.00

Current Approval Amount

118075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73056

Servicing Lender Name

Burke & Herbert Bank & Trust Company

Servicing Lender Address

100 S Fairfax St

Servicing Lender City

ALEXANDRIA

Servicing Lender State

VA

Servicing Lender Zip

22314-3340

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LORTON

Project County Name

FAIRFAX

Project State

VA

Project Zip

22079-1010

CD

VA-11

Jobs Reported

12

NAICS Code

324121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

118075.00

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

73056

Originating Lender

Burke & Herbert Bank & Trust Company

Originating Lender City

ALEXANDRIA

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118963.84

Forgiveness Date

02/10/2021

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