PPP Loan information for Toler insulating company, inc

$188,900

Toler insulating company, inc was initially approved for PPP Loan of amount $188,900, the current approved amount is $188,900. The loan was approved on 04/06/2020 by The Select Bank reported 20 jobs and $188,900 was used to fund payroll.

Toler insulating company, inc is Existing or more than 2 years old

TOLER INSULATING COMPANY, INC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TOLER INSULATING COMPANY, INC

Borrower Address

177 AIRPARK DR

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24502-3229

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188900.00

Current Approval Amount

188900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447640

Servicing Lender Name

Select Bank

Servicing Lender Address

211 Gristmill Dr

Servicing Lender City

FOREST

Servicing Lender State

VA

Servicing Lender Zip

24551-2605

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

CAMPBELL

Project State

VA

Project Zip

24502-3229

CD

VA-05

Jobs Reported

20

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

188900.00

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

447640

Originating Lender

Select Bank

Originating Lender City

FOREST

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179894.98

Forgiveness Date

11/03/2020

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