PPP Loan information for Danville area training center, inc.

$250,000

Danville area training center, inc. was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/08/2020 by The First National Bank reported 61 jobs and $250,000 was used to fund payroll.

Danville area training center, inc. is Existing or more than 2 years old

PPP Loan Search / VA / DANVILLE / Danville area training center, inc.

DANVILLE AREA TRAINING CENTER, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DANVILLE AREA TRAINING CENTER, INC.

Borrower Address

630 RANDOLPH ST

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24541-2714

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24541-2714

CD

VA-05

Jobs Reported

61

NAICS Code

624230

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

252652.78

Forgiveness Date

05/07/2021

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