Virginia Abrasives Corporation

$811,000 PPP Loan in Petersburg, Virginia

Loan Details

Loan Number
9159467104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$811,000
Current Approval
$811,000
Forgiveness Amount
$817,646
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Virginia Abrasives Corporation
Address
2851 Service Rd
ZIP Code
23805-9347
Business Type
Corporation
Industry (NAICS)
Manufacturing (333243)
Business Age
New Business or 2 years or less
Jobs Reported
44
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
VA-04

Loan Use Breakdown

Payroll
$811,000

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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