PPP Loan information for Strongwell corporation

$4,877,900

Strongwell corporation was initially approved for PPP Loan of amount $4,877,900, the current approved amount is $4,877,900. The loan was approved on 04/04/2020 by The Renasant Bank reported 405 jobs and $4,877,900 was used to fund payroll.

Strongwell corporation is Existing or more than 2 years old

PPP Loan Search / VA / BRISTOL / Strongwell corporation

STRONGWELL CORPORATION

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

STRONGWELL CORPORATION

Borrower Address

400 Commonwealth Ave

Borrower City

BRISTOL

Borrower State

VA

Borrower Zip

24201-3800

Loan Status Date

08/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4877900.00

Current Approval Amount

4877900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

BRISTOL

Project State

VA

Project Zip

24201-3800

CD

VA-09

Jobs Reported

405

NAICS Code

325220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4877900.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4933182.87

Forgiveness Date

06/02/2021

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