Arbortech Forest Products, INC

$878,500 PPP Loan in Blackstone, Virginia

Loan Details

Loan Number
2129287106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$878,500
Current Approval
$878,500
Forgiveness Amount
$884,782
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arbortech Forest Products, INC
Address
500 Dearing Ave
ZIP Code
23824-3060
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113210)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$702,950
Utilities
$175,550

Lender Information

Servicing Lender
Citizens Bank and Trust Company
Originating Lender
Citizens Bank and Trust Company

Other PPP Loans in Blackstone, VA

BusinessApproved
Lunenburg-Nottoway Educational Foundation$526,600NewBizBotResearch
Lunenburg-Nottoway Educational Foundation$526,600NewBizBotResearch
S Walker Construction INC$483,300NewBizBotResearch
Pembelton Forest Products INC$481,031NewBizBotResearch
Pembelton Forest Products Inc.$454,405NewBizBotResearch

Want to research this company further?

Try NewBizBot free