PPP Loan information for City of lexington virginia

$54,565

City of lexington virginia was initially approved for PPP Loan of amount $54,565, the current approved amount is $54,565. The loan was approved on 03/13/2021 by The Truist Bank reported 15 jobs and $54,565 was used to fund payroll.

City of lexington virginia is Existing or more than 2 years old

CITY OF LEXINGTON VIRGINIA

Date Approved

03/13/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CITY OF LEXINGTON VIRGINIA

Borrower Address

300 E Washington St

Borrower City

Lexington

Borrower State

VA

Borrower Zip

24450-2720

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54565.00

Current Approval Amount

54565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

LEXINGTON CITY

Project State

VA

Project Zip

24450-2720

CD

VA-06

Jobs Reported

15

NAICS Code

561591

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54563.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

54913.61

Forgiveness Date

11/02/2021

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