Powell Funeral Home INC

$118,500 PPP Loan in South Boston, Virginia

Loan Details

Loan Number
3668837109
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$118,500
Current Approval
$118,500
Forgiveness Amount
$119,567
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powell Funeral Home INC
Address
1603 Wilborn Ave
ZIP Code
24592-1601
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (812210)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$112,200
Utilities
$5,000
Mortgage Interest
$1,300

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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