PPP Loan information for Elder research inc

$1,650,000

Elder research inc was initially approved for PPP Loan of amount $1,975,000, the current approved amount is $1,650,000. The loan was approved on 04/03/2020 by The First Community Bank reported 90 jobs and $1,650,000 was used to fund payroll.

Elder research inc is Existing or more than 2 years old

PPP Loan Search / VA / CHARLOTTESVILLE / Elder research inc

ELDER RESEARCH INC

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ELDER RESEARCH INC

Borrower Address

300 WEST MAIN ST

Borrower City

CHARLOTTESVILLE

Borrower State

VA

Borrower Zip

22903-5538

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1975000.00

Current Approval Amount

1650000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTESVILLE

Project County Name

CHARLOTTESVILLE CITY

Project State

VA

Project Zip

22903-5538

CD

VA-05

Jobs Reported

90

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1650000.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1658800.00

Forgiveness Date

11/03/2020

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