PPP Loan information for Montessori center for children

$70,700

Montessori center for children was initially approved for PPP Loan of amount $70,700, the current approved amount is $70,700. The loan was approved on 01/16/2021 by The Cornerstone Bank reported 15 jobs and $70,700 was used to fund payroll.

Montessori center for children is Existing or more than 2 years old

MONTESSORI CENTER FOR CHILDREN

Date Approved

01/16/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MONTESSORI CENTER FOR CHILDREN

Borrower Address

2 Dold Pl

Borrower City

Lexington

Borrower State

VA

Borrower Zip

24450-1774

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70700.00

Current Approval Amount

70700.00

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

24450-1774

CD

VA-06

Jobs Reported

15

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70698.00

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

Corporation

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70980.86

Forgiveness Date

06/15/2021

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