316CIBO INC. (VA) - 2020 PPP Loan Borrower Profile (# 7172507109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 316CIBO 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

7172507109

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$30,297

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$30,621.01

Date Loan was Forgiven

May 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,059

Payroll Proced

24,238

Rent Proceed

3,000

Lender

First National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

Borrower Location

DANVILLE, VA

Project Location

DANVILLE, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.