PPP Loan information for The drying company, llc

$517,900

The drying company, llc was initially approved for PPP Loan of amount $517,900, the current approved amount is $517,900. The loan was approved on 04/05/2020 by The Chesapeake Bank reported 48 jobs and $517,900 was used to fund payroll.

The drying company, llc is Existing or more than 2 years old

PPP Loan Search / VA / TOANO / The drying company, llc

THE DRYING COMPANY, LLC

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE DRYING COMPANY, LLC

Borrower Address

236 INDUSTRIAL BLVD

Borrower City

TOANO

Borrower State

VA

Borrower Zip

23168-9232

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

517900.00

Current Approval Amount

517900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOANO

Project County Name

JAMES CITY

Project State

VA

Project Zip

23168-9232

CD

VA-01

Jobs Reported

48

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2209.00

Payroll Proceed

414000.00

Mortgage Interest Proceed

0.00

Rent Proceed

23140.00

Refinance EIDL Proceed

0.00

Health Care Proceed

78551.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

520892.31

Forgiveness Date

11/03/2020

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