PPP Loan information for First class restoration inc

$300,000

First class restoration inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/28/2020 by The Carter Bank & Trust reported 35 jobs and $300,000 was used to fund payroll.

First class restoration inc is Existing or more than 2 years old

FIRST CLASS RESTORATION INC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FIRST CLASS RESTORATION INC

Borrower Address

9628 E Lynchburg Salem Tpke

Borrower City

Goode

Borrower State

VA

Borrower Zip

24556-3012

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445435

Servicing Lender Name

Carter Bank & Trust

Servicing Lender Address

1300 Kings Mountain Rd

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112-7268

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Goode

Project County Name

BEDFORD

Project State

VA

Project Zip

24556-3012

CD

VA-05

Jobs Reported

35

NAICS Code

561740

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

445435

Originating Lender

Carter Bank & Trust

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

302091.67

Forgiveness Date

01/08/2021

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