PPP Loan information for Lynchburg regional business alliance

$148,269

Lynchburg regional business alliance was initially approved for PPP Loan of amount $148,269, the current approved amount is $148,269. The loan was approved on 02/12/2021 by The First National Bank reported 11 jobs and $148,269 was used to fund payroll.

Lynchburg regional business alliance is Existing or more than 2 years old

LYNCHBURG REGIONAL BUSINESS ALLIANCE

Date Approved

02/12/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LYNCHBURG REGIONAL BUSINESS ALLIANCE

Borrower Address

300 Lucado Pl 300 Lucado Place

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24504-5483

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148269.23

Current Approval Amount

148269.23

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24504-5483

CD

VA-05

Jobs Reported

11

NAICS Code

813910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

148269.23

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

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

148985.86

Forgiveness Date

08/16/2021

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