PPP Loan information for Southwest farm supply, inc

$118,700

Southwest farm supply, inc was initially approved for PPP Loan of amount $118,700, the current approved amount is $118,700. The loan was approved on 04/13/2020 by The Summit Community Bank, Inc. reported 15 jobs and $118,700 was used to fund payroll.

Southwest farm supply, inc is Existing or more than 2 years old

SOUTHWEST FARM SUPPLY, INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTHWEST FARM SUPPLY, INC

Borrower Address

675 MEADOW ST

Borrower City

GALAX

Borrower State

VA

Borrower Zip

24333-3032

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118700.00

Current Approval Amount

118700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GALAX

Project County Name

GALAX CITY

Project State

VA

Project Zip

24333-3032

CD

VA-09

Jobs Reported

15

NAICS Code

424910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8700.00

Payroll Proceed

96000.00

Mortgage Interest Proceed

14000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120170.56

Forgiveness Date

07/13/2021

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