Date Approved
04/15/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
RANDOLPH COLLEGE INCORPORATED
Borrower Address
2500 RIVERMONT AVE
Borrower City
LYNCHBURG
Borrower State
VA
Borrower Zip
24503-1555
Loan Status Date
09/25/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
3690874.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
73473
Servicing Lender Name
Skyline National Bank
Servicing Lender Address
113 W Main St
Servicing Lender City
INDEPENDENCE
Servicing Lender State
Servicing Lender Zip
24348
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LYNCHBURG CITY
Project State
Project Zip
CD
VA-05
Jobs Reported
408
NAICS Code
611310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
922718.50
Payroll Proceed
2768155.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Y
Forgiveness Amount
3656614.26
Forgiveness Date
08/06/2021