PPP Loan information for R e lee & son inc

$220,800

R e lee & son inc was initially approved for PPP Loan of amount $220,800, the current approved amount is $220,800. The loan was approved on 04/11/2020 by The Summit Community Bank, Inc. reported 14 jobs and $220,800 was used to fund payroll.

R e lee & son inc is Existing or more than 2 years old

R E LEE & SON INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

R E LEE & SON INC

Borrower Address

2811 HYDRAULIC RD

Borrower City

CHARLOTTESVILLE

Borrower State

VA

Borrower Zip

22901-8918

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220800.00

Current Approval Amount

220800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTESVILLE

Project County Name

ALBEMARLE

Project State

VA

Project Zip

22901-8918

CD

VA-05

Jobs Reported

14

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4200.00

Payroll Proceed

176600.00

Mortgage Interest Proceed

40000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

222431.47

Forgiveness Date

01/12/2021

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