PPP Loan information for James madison university foundation inc.

$175,100

James madison university foundation inc. was initially approved for PPP Loan of amount $175,100, the current approved amount is $175,100. The loan was approved on 04/07/2020 by The Farmers & Merchants Bank reported 9 jobs and $175,100 was used to fund payroll.

James madison university foundation inc. is Existing or more than 2 years old

JAMES MADISON UNIVERSITY FOUNDATION INC.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

JAMES MADISON UNIVERSITY FOUNDATION INC.

Borrower Address

1320 SOUTH MAIN ST

Borrower City

HARRISONBURG

Borrower State

VA

Borrower Zip

22807-1046

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175100.00

Current Approval Amount

175100.00

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

HARRISONBURG

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22807-1046

CD

VA-06

Jobs Reported

9

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175100.00

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

176427.84

Forgiveness Date

01/19/2021

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