PPP Loan information for Vm & sons inc

$340,900

Vm & sons inc was initially approved for PPP Loan of amount $340,900, the current approved amount is $340,900. The loan was approved on 04/07/2020 by The Chesapeake Bank reported 64 jobs and $340,900 was used to fund payroll.

Vm & sons inc is Existing or more than 2 years old

PPP Loan Search / VA / WILLIAMSBURG / Vm & sons inc

VM & SONS INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VM & SONS INC

Borrower Address

1242 RICHMOND RD

Borrower City

WILLIAMSBURG

Borrower State

VA

Borrower Zip

23185-2827

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

340900.00

Current Approval Amount

340900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSBURG

Project County Name

WILLIAMSBURG CITY

Project State

VA

Project Zip

23185-2827

CD

VA-01

Jobs Reported

64

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17000.00

Payroll Proceed

282800.00

Mortgage Interest Proceed

0.00

Rent Proceed

34100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

7000

Business Type

Corporation

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343409.40

Forgiveness Date

01/06/2021

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