Southern Office Machines Co. Inc.

$50,300 PPP Loan in Danville, Virginia

Loan Details

Loan Number
3492387307
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$50,300
Current Approval
$50,300
Forgiveness Amount
$50,767
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Office Machines Co. Inc.
Address
523 Loyal Street
ZIP Code
24541
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (453210)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$46,484
Rent
$1,276
Utilities
$2,540

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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