PPP Loan information for Construction management associates, inc

$416,339

Construction management associates, inc was initially approved for PPP Loan of amount $416,339, the current approved amount is $416,339. The loan was approved on 05/05/2020 by The First National Bank reported 25 jobs and $416,339 was used to fund payroll.

Construction management associates, inc is Existing or more than 2 years old

CONSTRUCTION MANAGEMENT ASSOCIATES, INC

Date Approved

05/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CONSTRUCTION MANAGEMENT ASSOCIATES, INC

Borrower Address

1701 Morrison Drive

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24503

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

416339.00

Current Approval Amount

416339.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24503-0001

CD

VA-05

Jobs Reported

25

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

416339.00

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

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

421843.93

Forgiveness Date

09/02/2021

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