ANCHOR SALES AND SERVICE INC. (VA) - 2020 PPP Loan Borrower Profile (# 7232127007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANCHOR SALES AND SERVICE 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

7232127007

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$284,270

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$286,875.81

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

284,270

Lender

Freedom First FCU

Business Detail

Business Type

Corporation

NAICS

454390

Borrower Location

SALEM, VA

Project Location

SALEM, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.