PPP Loan information for Clinch river forest products, inc.

$564,000

Clinch river forest products, inc. was initially approved for PPP Loan of amount $564,000, the current approved amount is $564,000. The loan was approved on 04/05/2020 by The The First Bank and Trust Company reported 62 jobs and $564,000 was used to fund payroll.

Clinch river forest products, inc. is Existing or more than 2 years old

PPP Loan Search / VA / TAZEWELL / Clinch river forest products, inc.

CLINCH RIVER FOREST PRODUCTS, INC.

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CLINCH RIVER FOREST PRODUCTS, INC.

Borrower Address

316 CROSSTIE LN

Borrower City

TAZEWELL

Borrower State

VA

Borrower Zip

24651-9388

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

564000.00

Current Approval Amount

564000.00

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

TAZEWELL

Project County Name

TAZEWELL

Project State

VA

Project Zip

24651-9388

CD

VA-09

Jobs Reported

62

NAICS Code

321113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

564000.00

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

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

570110.00

Forgiveness Date

05/11/2021

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