PPP Loan information for State line corporation

$90,000

State line corporation was initially approved for PPP Loan of amount $90,000, the current approved amount is $90,000. The loan was approved on 04/09/2020 by The Calvin B. Taylor Banking Company reported 21 jobs and $90,000 was used to fund payroll.

State line corporation is New Business or 2 years or less

STATE LINE CORPORATION

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

STATE LINE CORPORATION

Borrower Address

2452 Lankford Highway

Borrower City

NEW CHURCH

Borrower State

VA

Borrower Zip

23415-2924

Loan Status Date

08/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90000.00

Current Approval Amount

90000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30471

Servicing Lender Name

Calvin B. Taylor Banking Company

Servicing Lender Address

24 N Main St

Servicing Lender City

BERLIN

Servicing Lender State

MD

Servicing Lender Zip

21811-1029

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEW CHURCH

Project County Name

ACCOMACK

Project State

VA

Project Zip

23415-2924

CD

VA-02

Jobs Reported

21

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90000.00

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

Subchapter S Corporation

Originating Lender Location Id

30471

Originating Lender

Calvin B. Taylor Banking Company

Originating Lender City

BERLIN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91141.64

Forgiveness Date

07/22/2021

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