PPP Loan information for Torrence, read, & forehand auctions lc

$49,500

Torrence, read, & forehand auctions lc was initially approved for PPP Loan of amount $49,500, the current approved amount is $49,500. The loan was approved on 04/04/2020 by The The First Bank and Trust Company reported 4 jobs and $49,500 was used to fund payroll.

Torrence, read, & forehand auctions lc is Existing or more than 2 years old

TORRENCE, READ, & FOREHAND AUCTIONS LC

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TORRENCE, READ, & FOREHAND AUCTIONS LC

Borrower Address

101 ANNJO CT

Borrower City

FOREST

Borrower State

VA

Borrower Zip

24551-2631

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49500.00

Current Approval Amount

49500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

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

24551-2631

CD

VA-05

Jobs Reported

4

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

49952.37

Forgiveness Date

03/09/2021

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