PPP Loan information for Randolph college incorporated

$2,000,000

Randolph college incorporated was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/24/2021 by The Skyline National Bank reported 297 jobs and $2,000,000 was used to fund payroll.

Randolph college incorporated is Existing or more than 2 years old

RANDOLPH COLLEGE INCORPORATED

Date Approved

02/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

RANDOLPH COLLEGE INCORPORATED

Borrower Address

2500 Rivermont Ave

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24503-1526

Loan Status Date

09/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

VA

Servicing Lender Zip

24348

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24503-1526

CD

VA-05

Jobs Reported

297

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999999.00

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

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2028219.18

Forgiveness Date

08/02/2022

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