PPP Loan information for New covenant schools

$517,400

New covenant schools was initially approved for PPP Loan of amount $517,400, the current approved amount is $517,400. The loan was approved on 04/12/2020 by The American National Bank and Trust Company reported 84 jobs and $517,400 was used to fund payroll.

New covenant schools is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / New covenant schools

NEW COVENANT SCHOOLS

Date Approved

04/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEW COVENANT SCHOOLS

Borrower Address

122 Fleetwood Dr

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-3902

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

517400.00

Current Approval Amount

517400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

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

24501-3902

CD

VA-05

Jobs Reported

84

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

492400.00

Mortgage Interest Proceed

10000.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

520202.58

Forgiveness Date

11/03/2020

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