PPP Loan information for Commonwealth benefits corporation

$25,552

Commonwealth benefits corporation was initially approved for PPP Loan of amount $25,552, the current approved amount is $25,552. The loan was approved on 02/12/2021 by The Truist Bank reported 1 jobs and $25,552 was used to fund payroll.

Commonwealth benefits corporation is Existing or more than 2 years old

COMMONWEALTH BENEFITS CORPORATION

Date Approved

02/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

COMMONWEALTH BENEFITS CORPORATION

Borrower Address

601 N Mechanic St Ste 407

Borrower City

Franklin

Borrower State

VA

Borrower Zip

23851-1455

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25552.15

Current Approval Amount

25552.15

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

23851-1455

CD

VA-02

Jobs Reported

1

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25550.15

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

25695.53

Forgiveness Date

09/09/2021

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