PPP Loan information for Patriot development corporation

$2,017,400

Patriot development corporation was initially approved for PPP Loan of amount $2,071,400, the current approved amount is $2,017,400. The loan was approved on 04/06/2020 by The Atlantic Union Bank reported 152 jobs and $2,017,400 was used to fund payroll.

Patriot development corporation is Existing or more than 2 years old

PATRIOT DEVELOPMENT CORPORATION

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PATRIOT DEVELOPMENT CORPORATION

Borrower Address

44330 Mercure Circle, Ste 110

Borrower City

STERLING

Borrower State

VA

Borrower Zip

20166-2020

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2071400.00

Current Approval Amount

2017400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STERLING

Project County Name

LOUDOUN

Project State

VA

Project Zip

20166-2020

CD

VA-10

Jobs Reported

152

NAICS Code

237990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2017400.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2037798.16

Forgiveness Date

04/08/2021

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