PPP Loan information for Toney construction inc

$274,869

Toney construction inc was initially approved for PPP Loan of amount $274,869, the current approved amount is $274,869. The loan was approved on 03/12/2021 by The First National Bank reported 25 jobs and $274,869 was used to fund payroll.

Toney construction inc is Existing or more than 2 years old

TONEY CONSTRUCTION INC

Date Approved

03/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

TONEY CONSTRUCTION INC

Borrower Address

1117 Commerce Rd

Borrower City

Forest

Borrower State

VA

Borrower Zip

24551-4317

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

274869.40

Current Approval Amount

274869.40

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

25

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

274869.40

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

276396.45

Forgiveness Date

10/06/2021

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