Albemarle Baking Co.

$218,900 PPP Loan in Charlottesville, Virginia

Loan Details

Loan Number
5848877106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$218,900
Current Approval
$218,900
Forgiveness Amount
$220,104
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Albemarle Baking Co.
Address
418 West Main Street
ZIP Code
22903-5540
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (311811)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$13.8M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$169,300
Rent
$32,000
Utilities
$5,600
Health Care
$12,000

Lender Information

Servicing Lender
Blue Ridge Bank, National Association
Originating Lender
Blue Ridge Bank, National Association

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