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Brown Machine Works INC

$153,900 PPP Loan in Rustburg, Virginia

Loan Details

Loan Number
5937137109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$153,900
Current Approval
$153,900
Forgiveness Amount
$155,362
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Brown Machine Works INC
Address
8459 Wards Road
City
Rustburg
State
Virginia
ZIP Code
24588
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$142,300
Utilities
$7,600
Mortgage Interest
$4,000

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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