PPP Loan information for Rand construction corporation

$5,052,900

Rand construction corporation was initially approved for PPP Loan of amount $5,052,867, the current approved amount is $5,052,900. The loan was approved on 04/08/2020 by The Truist Bank reported 256 jobs and $5,052,900 was used to fund payroll.

Rand construction corporation is Existing or more than 2 years old

PPP Loan Search / VA / ALEXANDRIA / Rand construction corporation

RAND CONSTRUCTION CORPORATION

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RAND CONSTRUCTION CORPORATION

Borrower Address

1029 North Royal Street

Borrower City

ALEXANDRIA

Borrower State

VA

Borrower Zip

22314-1529

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5052867.00

Current Approval Amount

5052900.00

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

ALEXANDRIA

Project County Name

ALEXANDRIA CITY

Project State

VA

Project Zip

22314-1529

CD

VA-08

Jobs Reported

256

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5052900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5135711.42

Forgiveness Date

12/06/2021

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