Classic Distribution INC

$912,900 PPP Loan in Mount Crawford, Virginia

Loan Details

Loan Number
5684587007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$912,900
Current Approval
$912,900
Forgiveness Amount
$920,406
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Classic Distribution INC
Address
4660 Early Rd
ZIP Code
22841-2183
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423990)
Business Age
Existing or more than 2 years old
Jobs Reported
100
Estimated Revenue
$30.6M
Rural/Urban
Rural
Congressional District
VA-06

Loan Use Breakdown

Payroll
$730,200
Utilities
$12,700
Mortgage Interest
$170,000

Lender Information

Servicing Lender
Burke & Herbert Bank & Trust Company
Originating Lender
Burke and Herbert Bank and Trust Company

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