PPP Loan information for Commonwealth benefits corporation

$16,700

Commonwealth benefits corporation was initially approved for PPP Loan of amount $16,700, the current approved amount is $16,700. The loan was approved on 04/30/2020 by The Truist Bank reported 1 jobs and $16,700 was used to fund payroll.

Commonwealth benefits corporation is Existing or more than 2 years old

COMMONWEALTH BENEFITS CORPORATION

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COMMONWEALTH BENEFITS CORPORATION

Borrower Address

601 N Mechanic St - Suite 407

Borrower City

Franklin

Borrower State

VA

Borrower Zip

23851

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16700.00

Current Approval Amount

16700.00

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

Franklin

Project County Name

FRANKLIN CITY

Project State

VA

Project Zip

23851-0001

CD

VA-02

Jobs Reported

1

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16700.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15792.46

Forgiveness Date

12/10/2020

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