PPP Loan information for Potomac conference corporation of seventh-day adventists

$5,400,000

Potomac conference corporation of seventh-day adventists was initially approved for PPP Loan of amount $5,400,000, the current approved amount is $5,400,000. The loan was approved on 04/16/2020 by The First Bank reported 393 jobs and $5,400,000 was used to fund payroll.

Potomac conference corporation of seventh-day adventists is Existing or more than 2 years old

POTOMAC CONFERENCE CORPORATION OF SEVENTH-DAY ADVENTISTS

Date Approved

04/16/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POTOMAC CONFERENCE CORPORATION OF SEVENTH-DAY ADVENTISTS

Borrower Address

POTOMAC CONFERENCE CORPORATION OF SEVENTH-DAY ADVENTISTS

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5400000.00

Current Approval Amount

5400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73903

Servicing Lender Name

First Bank

Servicing Lender Address

112 W King St

Servicing Lender City

STRASBURG

Servicing Lender State

VA

Servicing Lender Zip

22657-2220

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401-0001

CD

VA-06

Jobs Reported

393

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5400000.00

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

73903

Originating Lender

First Bank

Originating Lender City

STRASBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

5465100.00

Forgiveness Date

07/06/2021

;