Mechanical Designs of Virginia, Inc.

$278,000 PPP Loan in Patrick Springs, Virginia

Loan Details

Loan Number
9882297002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$278,000
Current Approval
$278,000
Forgiveness Amount
$279,790
Forgiveness Date
Dec 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mechanical Designs of Virginia, Inc.
Address
P.o. Box 280
ZIP Code
24133-0280
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$208,500
Utilities
$69,500

Lender Information

Servicing Lender
Skyline National Bank
Originating Lender
Skyline National Bank

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