Date Approved
01/26/2021
SBA Office Code
0304
Processing Method
PPS
Borrower Name
MCGLOTHLIN BROTHERS LUMBER CO. INC.
Borrower Address
4866 Back Valley Rd
Borrower City
Cleveland
Borrower State
VA
Borrower Zip
24225-2630
Loan Status Date
10/06/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
10385.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
123348
Servicing Lender Name
New Peoples Bank, Inc.
Servicing Lender Address
53 Commerce Dr
Servicing Lender City
HONAKER
Servicing Lender State
Servicing Lender Zip
24260
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RUSSELL
Project State
Project Zip
CD
VA-09
Jobs Reported
2
NAICS Code
113310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
10383.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
10451.06
Forgiveness Date
09/15/2021