PPP Loan information for Covenant woods

$2,107,300

Covenant woods was initially approved for PPP Loan of amount $2,107,300, the current approved amount is $2,107,300. The loan was approved on 04/10/2020 by The Atlantic Union Bank reported 228 jobs and $2,107,300 was used to fund payroll.

Covenant woods is Existing or more than 2 years old

COVENANT WOODS

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COVENANT WOODS

Borrower Address

7090 COVENANT WOODS DR

Borrower City

MECHANICSVILLE

Borrower State

VA

Borrower Zip

23111-0016

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2107300.00

Current Approval Amount

2107300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MECHANICSVILLE

Project County Name

HANOVER

Project State

VA

Project Zip

23111-0016

CD

VA-01

Jobs Reported

228

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2107300.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2131709.56

Forgiveness Date

06/15/2021

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