PPP Loan information for Commonwealth center for advanced manufacturing

$712,884

Commonwealth center for advanced manufacturing was initially approved for PPP Loan of amount $712,884, the current approved amount is $712,884. The loan was approved on 04/29/2020 by The Truist Bank reported 45 jobs and $712,884 was used to fund payroll.

Commonwealth center for advanced manufacturing is Existing or more than 2 years old

PPP Loan Search / VA / DISPUTANTA / Commonwealth center for advanced manufacturing

COMMONWEALTH CENTER FOR ADVANCED MANUFACTURING

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COMMONWEALTH CENTER FOR ADVANCED MANUFACTURING

Borrower Address

5520 W Quaker Rd

Borrower City

DISPUTANTA

Borrower State

VA

Borrower Zip

23842-0001

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

712884.00

Current Approval Amount

712884.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DISPUTANTA

Project County Name

PRINCE GEORGE

Project State

VA

Project Zip

23842-0001

CD

VA-04

Jobs Reported

45

NAICS Code

541714

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

712884.00

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

717735.57

Forgiveness Date

01/07/2021

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