PPP Loan information for Sweet briar institute

$2,451,800

Sweet briar institute was initially approved for PPP Loan of amount $2,478,600, the current approved amount is $2,451,800. The loan was approved on 04/11/2020 by The Truist Bank reported 406 jobs and $2,451,800 was used to fund payroll.

Sweet briar institute is Existing or more than 2 years old

SWEET BRIAR INSTITUTE

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SWEET BRIAR INSTITUTE

Borrower Address

134 CHAPEL RD

Borrower City

SWEET BRIAR

Borrower State

VA

Borrower Zip

24595-5001

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2478600.00

Current Approval Amount

2451800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWEET BRIAR

Project County Name

AMHERST

Project State

VA

Project Zip

24595-5001

CD

VA-05

Jobs Reported

406

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2451800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2479995.70

Forgiveness Date

06/09/2021

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