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Sheet Metal Products, INC

$179,500 PPP Loan in Franklin, Virginia

Loan Details

Loan Number
8767157104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$179,500
Current Approval
$179,500
Forgiveness Amount
$181,215
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sheet Metal Products, INC
Address
351 N. College Dr
City
Franklin
State
Virginia
ZIP Code
23851
Business Type
Corporation
Industry (NAICS)
Manufacturing (331315)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
VA-02

Loan Use Breakdown

Payroll
$144,800
Rent
$10,400
Utilities
$5,000
Health Care
$16,000
Mortgage Interest
$1,400
Debt Interest
$1,900

Lender Information

Servicing Lender
Blue Ridge Bank, National Association
Originating Lender
Blue Ridge Bank National Association

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