PPP Loan information for The arc of augusta, incorporated

$41,384

The arc of augusta, incorporated was initially approved for PPP Loan of amount $41,384, the current approved amount is $41,384. The loan was approved on 04/11/2020 by The Farmers & Merchants Bank reported 7 jobs and $41,384 was used to fund payroll.

The arc of augusta, incorporated is Existing or more than 2 years old

PPP Loan Search / VA / WAYNESBORO / The arc of augusta, incorporated

THE ARC OF AUGUSTA, INCORPORATED

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE ARC OF AUGUSTA, INCORPORATED

Borrower Address

1025 FAIRFAX AVE

Borrower City

WAYNESBORO

Borrower State

VA

Borrower Zip

22980-6026

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41384.00

Current Approval Amount

41384.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAYNESBORO

Project County Name

WAYNESBORO CITY

Project State

VA

Project Zip

22980-6026

CD

VA-06

Jobs Reported

7

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41384.00

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

Non-Profit Organization

Originating Lender Location Id

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

41674.84

Forgiveness Date

12/30/2020

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