PPP Loan information for Rockbridge regional library

$160,890

Rockbridge regional library was initially approved for PPP Loan of amount $160,890, the current approved amount is $160,890. The loan was approved on 04/15/2021 by The Cornerstone Bank reported 42 jobs and $160,890 was used to fund payroll.

Rockbridge regional library is Existing or more than 2 years old

ROCKBRIDGE REGIONAL LIBRARY

Date Approved

04/15/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ROCKBRIDGE REGIONAL LIBRARY

Borrower Address

138 S Main St

Borrower City

Lexington

Borrower State

VA

Borrower Zip

24450-2316

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160890.00

Current Approval Amount

160890.00

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

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

24450-2316

CD

VA-06

Jobs Reported

42

NAICS Code

519120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160890.00

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

501(c)3 – Non Profit

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

161493.89

Forgiveness Date

09/01/2021

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