PPP Loan information for Western gravel inc

$363,800

Western gravel inc was initially approved for PPP Loan of amount $363,800, the current approved amount is $363,800. The loan was approved on 04/05/2020 by The Timberline Bank reported 36 jobs and $363,800 was used to fund payroll.

Western gravel inc is Existing or more than 2 years old

WESTERN GRAVEL INC

Date Approved

04/05/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

WESTERN GRAVEL INC

Borrower Address

3001 N TOWNSEND AVE

Borrower City

MONTROSE

Borrower State

CO

Borrower Zip

81401-5946

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

363800.00

Current Approval Amount

363800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTROSE

Project County Name

MONTROSE

Project State

CO

Project Zip

81401-5946

CD

CO-03

Jobs Reported

36

NAICS Code

212321

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

45475.00

Payroll Proceed

272850.00

Mortgage Interest Proceed

0.00

Rent Proceed

45475.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

367438.00

Forgiveness Date

04/12/2021

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