ALDERMAN'S SAW SHOP, INC. (VA) - 2020 PPP Loan Borrower Profile (# 6911947003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALDERMAN'S SAW SHOP, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Virginia.

Loan Detail

Loan Number

6911947003

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$452,800

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$456,434.98

Date Loan was Forgiven

Jan 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

22,635.39

Payroll Proced

407,522.79

Mortgage Interest Proceed

22,641.82

Lender

Blue Ridge Bank National Association

Business Detail

Business Type

Corporation

NAICS

811310

Borrower Location

WARSAW, VA

Project Location

WARSAW, VA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.