PPP Loan information for Toney construction

$228,118

Toney construction was initially approved for PPP Loan of amount $228,118, the current approved amount is $228,118. The loan was approved on 04/06/2020 by The First National Bank reported 24 jobs and $228,118 was used to fund payroll.

Toney construction is Existing or more than 2 years old

TONEY CONSTRUCTION

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TONEY CONSTRUCTION

Borrower Address

1117 Commerce Road

Borrower City

FOREST

Borrower State

VA

Borrower Zip

24551-4317

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228118.00

Current Approval Amount

228118.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST

Project County Name

BEDFORD

Project State

VA

Project Zip

24551-4317

CD

VA-05

Jobs Reported

24

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

45624.00

Payroll Proceed

182494.00

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

Corporation

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230304.13

Forgiveness Date

03/30/2021

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