PPP Loan information for Rockbridge medical group inc

$121,433

Rockbridge medical group inc was initially approved for PPP Loan of amount $121,433, the current approved amount is $121,433. The loan was approved on 04/07/2020 by The Cornerstone Bank reported 10 jobs and $121,433 was used to fund payroll.

Rockbridge medical group inc is Existing or more than 2 years old

ROCKBRIDGE MEDICAL GROUP INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ROCKBRIDGE MEDICAL GROUP INC

Borrower Address

204 E. WASHINGTON ST

Borrower City

LEXINGTON

Borrower State

VA

Borrower Zip

24450-2718

Loan Status Date

02/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121432.50

Current Approval Amount

121432.50

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

LEXINGTON CITY

Project State

VA

Project Zip

24450-2718

CD

VA-06

Jobs Reported

10

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

114902.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6530.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112073.62

Forgiveness Date

11/12/2020

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