PPP Loan information for Elderhomes corporation

$525,418

Elderhomes corporation was initially approved for PPP Loan of amount $525,417, the current approved amount is $525,418. The loan was approved on 04/11/2020 by The Truist Bank reported 42 jobs and $525,418 was used to fund payroll.

Elderhomes corporation is Existing or more than 2 years old

ELDERHOMES CORPORATION

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ELDERHOMES CORPORATION

Borrower Address

88 CARNATION ST

Borrower City

RICHMOND

Borrower State

VA

Borrower Zip

23225-6811

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

525417.00

Current Approval Amount

525417.91

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23225-6811

CD

VA-04

Jobs Reported

42

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

525417.91

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

529402.33

Forgiveness Date

01/28/2021

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