Bennett Logging and Lumber INC

$401,900 PPP Loan in Covington, Virginia

Loan Details

Loan Number
6727097106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$401,900
Current Approval
$401,900
Forgiveness Amount
$404,110
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bennett Logging and Lumber INC
Address
6800 Rich Patch Rd
ZIP Code
24426-6532
Business Type
Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$40.7M
Rural/Urban
Rural
Congressional District
VA-06

Loan Use Breakdown

Payroll
$360,900
Utilities
$10,000
Mortgage Interest
$31,000

Lender Information

Servicing Lender
Highlands Community Bank
Originating Lender
Highlands Community Bank

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