PPP Loan information for Mount ararat baptist church

$404,849

Mount ararat baptist church was initially approved for PPP Loan of amount $492,000, the current approved amount is $404,849. The loan was approved on 04/08/2020 by The Truist Bank reported 78 jobs and $404,849 was used to fund payroll.

Mount ararat baptist church is Existing or more than 2 years old

MOUNT ARARAT BAPTIST CHURCH

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MOUNT ARARAT BAPTIST CHURCH

Borrower Address

1112 GARRISONVILLE RD

Borrower City

STAFFORD

Borrower State

VA

Borrower Zip

22556-1845

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492000.00

Current Approval Amount

404849.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAFFORD

Project County Name

STAFFORD

Project State

VA

Project Zip

22556-1845

CD

VA-07

Jobs Reported

78

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

404849.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

407907.86

Forgiveness Date

01/20/2021

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