PPP Loan information for Witco inc

$681,800

Witco inc was initially approved for PPP Loan of amount $681,800, the current approved amount is $681,800. The loan was approved on 04/15/2020 by The Bank of the James reported 137 jobs and $681,800 was used to fund payroll.

Witco inc is Existing or more than 2 years old

WITCO INC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WITCO INC

Borrower Address

2220 Lakeside Dr

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

681800.00

Current Approval Amount

681800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-0001

CD

VA-05

Jobs Reported

137

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

681800.00

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

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

688030.89

Forgiveness Date

03/16/2021

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