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Red Oak Excavating, INC

$226,171 PPP Loan in Red Oak, Virginia

Loan Details

Loan Number
1512167103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$226,171
Current Approval
$226,171
Forgiveness Amount
$227,385
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Red Oak Excavating, INC
Address
5192 Barnesville Hwy
City
Red Oak
State
Virginia
ZIP Code
23964-5003
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$169,628
Mortgage Interest
$56,543

Lender Information

Servicing Lender
Benchmark Community Bank
Originating Lender
Benchmark Community Bank

Other PPP Loans in Red Oak, VA

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Morgan Lumber Company$1,086,000NewBizBotResearch
Morgan Lumber Sales Inc.$289,600NewBizBotResearch
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Sunrise Shavings LLC$84,168NewBizBotResearch
Sunrise Shavings LLC$84,100NewBizBotResearch

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