Industrial Downtime Solutions INC

$117,000 PPP Loan in Buchanan, Virginia

Loan Details

Loan Number
2989037210
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$117,000
Current Approval
$117,000
Forgiveness Amount
$118,060
Forgiveness Date
Mar 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Downtime Solutions INC
Address
2210 Roses Ridge Lane
ZIP Code
24066
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-06

Loan Use Breakdown

Payroll
$113,600
Rent
$2,300
Utilities
$1,100

Lender Information

Servicing Lender
First Bank
Originating Lender
First Bank

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