Lawrence Distributing Company INC

$631,000 PPP Loan in Danville, Virginia

Loan Details

Loan Number
4140277103
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$631,000
Current Approval
$631,000
Forgiveness Amount
$635,557
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lawrence Distributing Company INC
Address
Po Box 11090
ZIP Code
24543
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424810)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$20.1M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$474,000
Utilities
$157,000

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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