Turman Sawmill Inc.

$813,300 PPP Loan in Hillsville, Virginia

Loan Details

Loan Number
5871657010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$813,300
Current Approval
$813,300
Forgiveness Amount
$824,085
Forgiveness Date
Aug 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Turman Sawmill Inc.
Address
555 Expansion Drive
ZIP Code
24343-3777
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
$93.2M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$609,975
Utilities
$203,325

Lender Information

Servicing Lender
Skyline National Bank
Originating Lender
Skyline National Bank

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