PPP Loan information for Appalachian regional law school

$619,400

Appalachian regional law school was initially approved for PPP Loan of amount $619,400, the current approved amount is $619,400. The loan was approved on 04/02/2021 by The The First Bank and Trust Company reported 57 jobs and $619,400 was used to fund payroll.

Appalachian regional law school is Existing or more than 2 years old

APPALACHIAN REGIONAL LAW SCHOOL

Date Approved

04/02/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

APPALACHIAN REGIONAL LAW SCHOOL

Borrower Address

1169 Edgewater Dr

Borrower City

Grundy

Borrower State

VA

Borrower Zip

24614-7151

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

619400.00

Current Approval Amount

619400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grundy

Project County Name

BUCHANAN

Project State

VA

Project Zip

24614-7151

CD

VA-09

Jobs Reported

57

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

619399.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

624991.81

Forgiveness Date

03/03/2022

;