Sovatec Inc.

$12,500 PPP Loan in Danville, Virginia

Loan Details

Loan Number
3064767307
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$12,500
Current Approval
$12,500
Forgiveness Amount
$12,669
Forgiveness Date
Sep 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sovatec Inc.
Address
179 Talbott Dr
ZIP Code
24540-1076
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541519)
Business Age
Existing or more than 2 years old
Jobs Reported
1
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$10,000
Rent
$1,000
Utilities
$1,500

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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