Foster Development Inc.

$35,000 PPP Loan in Chilhowie, Virginia

Loan Details

Loan Number
3479798608
Date Approved
Mar 17, 2021
Loan Status
Paid in Full
Initial Approval
$35,000
Current Approval
$35,000
Forgiveness Amount
$35,181
Forgiveness Date
Sep 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Foster Development Inc.
Address
160 Hwy. 107
ZIP Code
24319
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Subway
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$34,995
Utilities
$1

Lender Information

Servicing Lender
New Peoples Bank, Inc.
Originating Lender
New Peoples Bank, Inc.

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