PPP Loan information for Forty-two contracting, inc

$392,895

Forty-two contracting, inc was initially approved for PPP Loan of amount $392,895, the current approved amount is $392,895. The loan was approved on 04/10/2020 by The Atlantic Union Bank reported 33 jobs and $392,895 was used to fund payroll.

Forty-two contracting, inc is New Business or 2 years or less

FORTY-TWO CONTRACTING, INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FORTY-TWO CONTRACTING, INC

Borrower Address

938 East 4th Street

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23224-5532

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

392895.00

Current Approval Amount

392895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Richmond

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23224-5532

CD

VA-04

Jobs Reported

33

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

196447.50

Payroll Proceed

196447.50

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

396802.12

Forgiveness Date

04/15/2021

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