Turman Hardwood Flooring, Inc.

$1,233,000 PPP Loan in Galax, Virginia

Loan Details

Loan Number
5469897003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,233,000
Current Approval
$1,233,000
Forgiveness Amount
$1,246,242
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Turman Hardwood Flooring, Inc.
Address
152 Boyer Road
City
Galax
ZIP Code
24333-3502
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321211)
Business Age
Existing or more than 2 years old
Jobs Reported
175
Estimated Revenue
$173.6M
Rural/Urban
Urban
Congressional District
VA-09

Loan Use Breakdown

Payroll
$924,750
Utilities
$308,250

Lender Information

Servicing Lender
Skyline National Bank
Originating Lender
Skyline National Bank

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