PPP Loan information for Threads run thru it

$40,000

Threads run thru it was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/29/2020 by The Bank of the James reported 11 jobs and $40,000 was used to fund payroll.

Threads run thru it is Existing or more than 2 years old

THREADS RUN THRU IT

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THREADS RUN THRU IT

Borrower Address

40 Exchange Dr

Borrower City

RUSTBURG

Borrower State

VA

Borrower Zip

24588

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSTBURG

Project County Name

CAMPBELL

Project State

VA

Project Zip

24588-0001

CD

VA-05

Jobs Reported

11

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40361.11

Forgiveness Date

03/26/2021

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