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Fred's Trading Center

$50,000 PPP Loan in Saltville, Virginia

Loan Details

Loan Number
5011337008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$50,000
Current Approval
$50,000
Forgiveness Amount
$50,312
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Fred's Trading Center
Address
901 East Main St
City
Saltville
State
Virginia
ZIP Code
24370-3207
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (445120)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$40,000
Rent
$5,000
Utilities
$5,000

Lender Information

Servicing Lender
The Bank of Marion
Originating Lender
The Bank of Marion

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