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
- City
- Lynchburg
- State
- Virginia
- 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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|---|---|---|
| Delta Star Inc. | $10,000,000 | |
| Nb Handy Company | $4,939,700 | |
| Wiley & Wilson Esop | $3,829,300 | |
| Randolph College Incorporated | $3,690,874 | |
| Automated Conveyor Systems, Inc. | $3,554,100 |
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