PPP Loan information for Spencer mcelroy

$18,493

Spencer mcelroy was initially approved for PPP Loan of amount $18,493, the current approved amount is $18,493. The loan was approved on 02/05/2021 by The Cornerstone Bank reported 1 jobs and $18,493 was used to fund payroll.

Spencer mcelroy is Existing or more than 2 years old

SPENCER MCELROY

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SPENCER MCELROY

Borrower Address

406 Morningside Dr

Borrower City

Lexington

Borrower State

VA

Borrower Zip

24450-2724

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18492.50

Current Approval Amount

18492.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

LEXINGTON CITY

Project State

VA

Project Zip

24450-2724

CD

VA-06

Jobs Reported

1

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18492.50

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

Independent Contractors

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

18566.98

Forgiveness Date

07/12/2021

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