PPP Loan information for Young & associates inc.

$852,694

Young & associates inc. was initially approved for PPP Loan of amount $852,694, the current approved amount is $852,694. The loan was approved on 01/21/2021 by The The First Bank and Trust Company reported 115 jobs and $852,694 was used to fund payroll.

Young & associates inc. is Existing or more than 2 years old

PPP Loan Search / VA / Hillsville / Young & associates inc.

YOUNG & ASSOCIATES INC.

Date Approved

01/21/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

YOUNG & ASSOCIATES INC.

Borrower Address

815 N Main St

Borrower City

Hillsville

Borrower State

VA

Borrower Zip

24343-1444

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

852694.00

Current Approval Amount

852694.00

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

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

24343-1444

CD

VA-09

Jobs Reported

115

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

852690.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

858307.57

Forgiveness Date

09/27/2021

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