Hurt & Proffitt, Incorporated

$1,826,000 PPP Loan in Lynchburg, Virginia

Loan Details

Loan Number
7615227010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,826,000
Current Approval
$1,826,000
Forgiveness Amount
$1,838,731
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hurt & Proffitt, Incorporated
Address
2524 Langhorne Rd
ZIP Code
24501-1602
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
128
Estimated Revenue
$15.8M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$1,636,000
Rent
$175,000
Utilities
$15,000

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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