PPP Loan information for Southwest developing inc.

$17,500

Southwest developing inc. was initially approved for PPP Loan of amount $17,500, the current approved amount is $17,500. The loan was approved on 04/29/2020 by The Blue Ridge Bank, National Association reported 1 jobs and $17,500 was used to fund payroll.

Southwest developing inc. is Existing or more than 2 years old

SOUTHWEST DEVELOPING INC.

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTHWEST DEVELOPING INC.

Borrower Address

P.O. Box 258

Borrower City

Cedar Bluff

Borrower State

VA

Borrower Zip

24609

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17500.00

Current Approval Amount

17500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Bluff

Project County Name

TAZEWELL

Project State

VA

Project Zip

24609-0001

CD

VA-09

Jobs Reported

1

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

13125.00

Mortgage Interest Proceed

4375.00

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

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17637.57

Forgiveness Date

02/16/2021

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