PPP Loan information for Forty-two contracting inc

$341,968

Forty-two contracting inc was initially approved for PPP Loan of amount $341,968, the current approved amount is $341,968. The loan was approved on 02/06/2021 by The Atlantic Union Bank reported 24 jobs and $341,968 was used to fund payroll.

Forty-two contracting inc is Existing or more than 2 years old

FORTY-TWO CONTRACTING INC

Date Approved

02/06/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FORTY-TWO CONTRACTING INC

Borrower Address

938 East 4th Street 938 East 4th Street

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23224

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

341967.50

Current Approval Amount

341967.50

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23224

CD

VA-03

Jobs Reported

24

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

341967.50

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

345976.12

Forgiveness Date

04/11/2022

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