PPP Loan information for R & l construction inc

$322,600

R & l construction inc was initially approved for PPP Loan of amount $322,600, the current approved amount is $322,600. The loan was approved on 04/10/2020 by The Summit Community Bank, Inc. reported 28 jobs and $322,600 was used to fund payroll.

R & l construction inc is Existing or more than 2 years old

PPP Loan Search / VA / BRIDGEWATER / R & l construction inc

R & L CONSTRUCTION INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

R & L CONSTRUCTION INC

Borrower Address

215 DRY RIVER RD

Borrower City

BRIDGEWATER

Borrower State

VA

Borrower Zip

22812-1206

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322600.00

Current Approval Amount

322600.00

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

BRIDGEWATER

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22812-1206

CD

VA-06

Jobs Reported

28

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14600.00

Payroll Proceed

258000.00

Mortgage Interest Proceed

50000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

326560.81

Forgiveness Date

07/06/2021

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