PPP Loan information for Rockbridge area free clinic

$849,100

Rockbridge area free clinic was initially approved for PPP Loan of amount $849,100, the current approved amount is $849,100. The loan was approved on 04/06/2020 by The Cornerstone Bank reported 57 jobs and $849,100 was used to fund payroll.

Rockbridge area free clinic is Existing or more than 2 years old

ROCKBRIDGE AREA FREE CLINIC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ROCKBRIDGE AREA FREE CLINIC

Borrower Address

25 Northride Lane

Borrower City

LEXINGTON

Borrower State

VA

Borrower Zip

24450-3399

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

849100.00

Current Approval Amount

849100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

ROCKBRIDGE

Project State

VA

Project Zip

24450-3399

CD

VA-06

Jobs Reported

57

NAICS Code

621498

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

849100.00

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

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

844341.50

Forgiveness Date

11/25/2020

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