Independence Lumber Inc.

$1,334,000 PPP Loan in Independence, Virginia

Loan Details

Loan Number
7807287000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,334,000
Current Approval
$1,334,000
Forgiveness Amount
$1,346,024
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Independence Lumber Inc.
Address
407 Lumber Lane
ZIP Code
24348-4057
Business Type
Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
172
Estimated Revenue
$170.6M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$1,000,500
Utilities
$333,500

Lender Information

Servicing Lender
Skyline National Bank
Originating Lender
Skyline National Bank

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