Mac and Bob's

$259,000 PPP Loan in Salem, Virginia

Loan Details

Loan Number
7824287002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$259,000
Current Approval
$259,000
Forgiveness Amount
$262,266
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mac and Bob's
Address
316 East Main Street
City
Salem
ZIP Code
24153-4323
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
102
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
VA-06

Loan Use Breakdown

Payroll
$194,250
Utilities
$12,950
Health Care
$12,950
Mortgage Interest
$38,850

Lender Information

Servicing Lender
Bank of Botetourt
Originating Lender
Bank of Botetourt

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