PPP Loan information for Averett university of danville virginia

$3,186,000

Averett university of danville virginia was initially approved for PPP Loan of amount $3,186,000, the current approved amount is $3,186,000. The loan was approved on 04/12/2020 by The American National Bank and Trust Company reported 486 jobs and $3,186,000 was used to fund payroll.

Averett university of danville virginia is Existing or more than 2 years old

AVERETT UNIVERSITY OF DANVILLE VIRGINIA

Date Approved

04/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

AVERETT UNIVERSITY OF DANVILLE VIRGINIA

Borrower Address

420 W Main St

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24541-3612

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3186000.00

Current Approval Amount

3186000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24541-3612

CD

VA-05

Jobs Reported

486

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3186000.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3242728.50

Forgiveness Date

01/24/2022

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