PPP Loan information for Sowers construction co inc

$315,000

Sowers construction co inc was initially approved for PPP Loan of amount $373,900, the current approved amount is $315,000. The loan was approved on 04/03/2020 by The First Community Bank reported 45 jobs and $315,000 was used to fund payroll.

Sowers construction co inc is Existing or more than 2 years old

PPP Loan Search / NC / MOUNT AIRY / Sowers construction co inc

SOWERS CONSTRUCTION CO INC

Date Approved

04/03/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOWERS CONSTRUCTION CO INC

Borrower Address

2258 NORTH ANDY GRIFFITH PARKWAY

Borrower City

MOUNT AIRY

Borrower State

NC

Borrower Zip

27030-6789

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

373900.00

Current Approval Amount

315000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT AIRY

Project County Name

SURRY

Project State

NC

Project Zip

27030-6789

CD

NC-05

Jobs Reported

45

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

315000.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

316715.00

Forgiveness Date

11/03/2020

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