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 04/27/2020 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

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MONTESSORI CENTER FOR CHILDREN

Borrower Address

2 Dold Place

Borrower City

LEXINGTON

Borrower State

VA

Borrower Zip

24450-1774

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

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

500.00

Payroll Proceed

69200.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

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

71079.65

Forgiveness Date

11/12/2020

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