Wooldridge Heating & Air INC

$945,700 PPP Loan in Lynchburg, Virginia

Loan Details

Loan Number
8152037009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$945,700
Current Approval
$945,700
Forgiveness Amount
$951,217
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wooldridge Heating & Air INC
Address
14179 Wards Road
ZIP Code
24502-4954
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$22.1M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$755,000
Rent
$32,000
Utilities
$158,700

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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