Master Gage & Tool Co

$378,700 PPP Loan in Danville, Virginia

Loan Details

Loan Number
3409407104
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$378,700
Current Approval
$378,700
Forgiveness Amount
$381,866
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Master Gage & Tool Co
Address
112 Maplewood St
ZIP Code
24540-1312
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423810)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$334,435
Rent
$16,500
Utilities
$24,012
Debt Interest
$3,753

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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