Aerial Machine & Tool Corporation

$1,925,455 PPP Loan in Meadows of Dan, Virginia

Loan Details

Loan Number
7950457104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,925,455
Current Approval
$1,925,455
Forgiveness Amount
$1,946,398
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Aerial Machine & Tool Corporation
Address
4298 Jeb Stuart Highway
ZIP Code
24120
Business Type
Corporation
Industry (NAICS)
Manufacturing (336413)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
$52.4M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$1,780,455
Rent
$10,000
Utilities
$10,000
Health Care
$125,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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