Shenandoah Industrial Rubber Company

$157,700 PPP Loan in Salem, Virginia

Loan Details

Loan Number
1114597108
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$157,700
Current Approval
$157,700
Forgiveness Amount
$158,984
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shenandoah Industrial Rubber Company
Address
802 Kessler Mill Road
City
Salem
ZIP Code
24153-3034
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326299)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
VA-06

Loan Use Breakdown

Payroll
$141,930
Utilities
$4,770
Mortgage Interest
$11,000

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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