PPP Loan information for Chestnut creek school of the arts

$26,557

Chestnut creek school of the arts was initially approved for PPP Loan of amount $26,557, the current approved amount is $26,557. The loan was approved on 04/27/2020 by The VCC Bank reported 7 jobs and $26,557 was used to fund payroll.

Chestnut creek school of the arts is Existing or more than 2 years old

CHESTNUT CREEK SCHOOL OF THE ARTS

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHESTNUT CREEK SCHOOL OF THE ARTS

Borrower Address

100 North Main Street

Borrower City

GALAX

Borrower State

VA

Borrower Zip

24333-2908

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26556.97

Current Approval Amount

26556.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457934

Servicing Lender Name

VCC Bank

Servicing Lender Address

7814 Carousel Ln, Ste 100

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23294-4212

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GALAX

Project County Name

GALAX CITY

Project State

VA

Project Zip

24333-2908

CD

VA-09

Jobs Reported

7

NAICS Code

611610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3105.19

Payroll Proceed

21220.17

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2231.61

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

457934

Originating Lender

VCC Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

26745.42

Forgiveness Date

01/25/2021

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