PPP Loan information for The advancement foundation

$43,323

The advancement foundation was initially approved for PPP Loan of amount $43,323, the current approved amount is $43,323. The loan was approved on 03/25/2021 by The Bank of Botetourt reported 5 jobs and $43,323 was used to fund payroll.

The advancement foundation is Existing or more than 2 years old

THE ADVANCEMENT FOUNDATION

Date Approved

03/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE ADVANCEMENT FOUNDATION

Borrower Address

227 S Pollard St

Borrower City

Vinton

Borrower State

VA

Borrower Zip

24179-2529

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43323.48

Current Approval Amount

43323.48

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73136

Servicing Lender Name

Bank of Botetourt

Servicing Lender Address

19747 Main St

Servicing Lender City

BUCHANAN

Servicing Lender State

VA

Servicing Lender Zip

24066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vinton

Project County Name

ROANOKE

Project State

VA

Project Zip

24179-2529

CD

VA-06

Jobs Reported

5

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

43322.48

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

73136

Originating Lender

Bank of Botetourt

Originating Lender City

BUCHANAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

43641.19

Forgiveness Date

12/15/2021

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