PPP Loan information for Grace christian school

$304,075

Grace christian school was initially approved for PPP Loan of amount $304,075, the current approved amount is $304,075. The loan was approved on 04/28/2020 by The Farmers & Merchants Bank reported 137 jobs and $304,075 was used to fund payroll.

Grace christian school is Existing or more than 2 years old

GRACE CHRISTIAN SCHOOL

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

GRACE CHRISTIAN SCHOOL

Borrower Address

19 S MARKET ST

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401-4351

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304075.00

Current Approval Amount

304075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401-4351

CD

VA-06

Jobs Reported

137

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

304075.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

305654.50

Forgiveness Date

11/03/2020

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