PPP Loan information for Routt and associates inc

$175,000

Routt and associates inc was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 01/28/2021 by The American National Bank and Trust Company reported 5 jobs and $175,000 was used to fund payroll.

Routt and associates inc is Existing or more than 2 years old

PPP Loan Search / VA / Salem / Routt and associates inc

ROUTT AND ASSOCIATES INC

Date Approved

01/28/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ROUTT AND ASSOCIATES INC

Borrower Address

16 W Burwell St

Borrower City

Salem

Borrower State

VA

Borrower Zip

24153-3822

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

SALEM

Project State

VA

Project Zip

24153-3822

CD

VA-06

Jobs Reported

5

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

174998.00

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

Corporation

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176263.89

Forgiveness Date

10/20/2021

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