PPP Loan information for Kappa alpha order educational foundation

$75,814

Kappa alpha order educational foundation was initially approved for PPP Loan of amount $75,814, the current approved amount is $75,814. The loan was approved on 04/07/2020 by The Cornerstone Bank reported 5 jobs and $75,814 was used to fund payroll.

Kappa alpha order educational foundation is Existing or more than 2 years old

PPP Loan Search / VA / LEXINGTON / Kappa alpha order educational foundation

KAPPA ALPHA ORDER EDUCATIONAL FOUNDATION

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

KAPPA ALPHA ORDER EDUCATIONAL FOUNDATION

Borrower Address

115 LIBERTY HALL RD

Borrower City

LEXINGTON

Borrower State

VA

Borrower Zip

24450-1702

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75814.00

Current Approval Amount

75814.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

LEXINGTON CITY

Project State

VA

Project Zip

24450-1702

CD

VA-06

Jobs Reported

5

NAICS Code

813211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75814.00

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

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

76262.65

Forgiveness Date

11/17/2020

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