Date Approved
04/04/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
STARNES REFRIGERATION AND AIR CONDITIONING, INC.
Borrower Address
4082 US Highway 19
Borrower City
LEBANON
Borrower State
VA
Borrower Zip
24266
Loan Status Date
01/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
303000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
73524
Servicing Lender Name
The Bank of Marion
Servicing Lender Address
102 W Main St
Servicing Lender City
MARION
Servicing Lender State
Servicing Lender Zip
24354-2514
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RUSSELL
Project State
Project Zip
24266-0001
CD
VA-09
Jobs Reported
NAICS Code
238220
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
6000.00
Payroll Proceed
264000.00
Mortgage Interest Proceed
Rent Proceed
8000.00
Refinance EIDL Proceed
Health Care Proceed
25000.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
305008.93
Forgiveness Date
12/09/2020