New Field Inc.

$562,500 PPP Loan in Ashland, Virginia

Loan Details

Loan Number
1778547107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$562,500
Current Approval
$562,500
Forgiveness Amount
$569,656
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Field Inc.
Address
10451 Dow-Gil Road
ZIP Code
23005-7639
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$53.5M
Rural/Urban
Rural
Congressional District
VA-01

Loan Use Breakdown

Payroll
$530,000
Rent
$6,600
Utilities
$4,000
Health Care
$8,100
Debt Interest
$13,800

Lender Information

Servicing Lender
Blue Ridge Bank, National Association
Originating Lender
Blue Ridge Bank National Association

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