530 CRAGHEAD LLC (VA) - 2020 PPP Loan Borrower Profile (# 2562697406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 530 CRAGHEAD LLC. 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

2562697406

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$83,600

Date Loan was Approved

May 6, 2020

Amount Forgiven

$84,540.5

Date Loan was Forgiven

Jun 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,754

Payroll Proced

52,199

Rent Proceed

14,140

Refinance EIDL Proceed

10,000

Health Care Proceed

507

Lender

Atlantic Union Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

999990

Borrower Location

DANVILLE, VA

Project Location

DANVILLE, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.