PPP Loan information for Turman sawmill inc.

$813,300

Turman sawmill inc. was initially approved for PPP Loan of amount $813,300, the current approved amount is $813,300. The loan was approved on 04/06/2020 by The Skyline National Bank reported 94 jobs and $813,300 was used to fund payroll.

Turman sawmill inc. is Existing or more than 2 years old

PPP Loan Search / VA / HILLSVILLE / Turman sawmill inc.

TURMAN SAWMILL INC.

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TURMAN SAWMILL INC.

Borrower Address

555 Expansion Drive

Borrower City

HILLSVILLE

Borrower State

VA

Borrower Zip

24343-3777

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

813300.00

Current Approval Amount

813300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILLSVILLE

Project County Name

CARROLL

Project State

VA

Project Zip

24343-3777

CD

VA-09

Jobs Reported

94

NAICS Code

321113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

203325.00

Payroll Proceed

609975.00

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

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

824084.58

Forgiveness Date

08/16/2021

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