PPP Loan information for The bug shop

$67,300

The bug shop was initially approved for PPP Loan of amount $67,300, the current approved amount is $67,300. The loan was approved on 04/30/2020 by The The National Bank of Blacksburg reported 5 jobs and $67,300 was used to fund payroll.

The bug shop is Existing or more than 2 years old

THE BUG SHOP

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE BUG SHOP

Borrower Address

1470 HARDING RD

Borrower City

BLACKSBURG

Borrower State

VA

Borrower Zip

24060-9116

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67300.00

Current Approval Amount

67300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLACKSBURG

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24060-9116

CD

VA-09

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16825.00

Payroll Proceed

50475.00

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

Sole Proprietorship

Originating Lender Location Id

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67854.99

Forgiveness Date

03/05/2021

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