PPP Loan information for Virginia infrastructure inc

$120,000

Virginia infrastructure inc was initially approved for PPP Loan of amount $120,000, the current approved amount is $120,000. The loan was approved on 04/06/2020 by The Cornerstone Bank reported 14 jobs and $120,000 was used to fund payroll.

Virginia infrastructure inc is Existing or more than 2 years old

PPP Loan Search / VA / LEXINGTON / Virginia infrastructure inc

VIRGINIA INFRASTRUCTURE INC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VIRGINIA INFRASTRUCTURE INC

Borrower Address

60 CLOVERLEAF LN

Borrower City

LEXINGTON

Borrower State

VA

Borrower Zip

24450-5730

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120000.00

Current Approval Amount

120000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

ROCKBRIDGE

Project State

VA

Project Zip

24450-5730

CD

VA-06

Jobs Reported

14

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

110000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3000

Business Type

Subchapter S Corporation

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

120703.56

Forgiveness Date

11/12/2020

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