PPP Loan information for Petersburg home for ladies

$550,100

Petersburg home for ladies was initially approved for PPP Loan of amount $550,100, the current approved amount is $550,100. The loan was approved on 04/27/2020 by The Blue Ridge Bank, National Association reported 70 jobs and $550,100 was used to fund payroll.

Petersburg home for ladies is Existing or more than 2 years old

PETERSBURG HOME FOR LADIES

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PETERSBURG HOME FOR LADIES

Borrower Address

311 S Jefferson St

Borrower City

PETERSBURG

Borrower State

VA

Borrower Zip

23803

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550100.00

Current Approval Amount

550100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PETERSBURG

Project County Name

PETERSBURG CITY

Project State

VA

Project Zip

23803-0001

CD

VA-04

Jobs Reported

70

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35000.00

Payroll Proceed

450100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

65000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

553293.64

Forgiveness Date

11/27/2020

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