PPP Loan information for The arc of central virginia

$126,300

The arc of central virginia was initially approved for PPP Loan of amount $126,300, the current approved amount is $126,300. The loan was approved on 04/29/2020 by The Bank of the James reported 36 jobs and $126,300 was used to fund payroll.

The arc of central virginia is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / The arc of central virginia

THE ARC OF CENTRAL VIRGINIA

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE ARC OF CENTRAL VIRGINIA

Borrower Address

1508 Bedford Avenue

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24504

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126300.00

Current Approval Amount

126300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24504-0001

CD

VA-05

Jobs Reported

36

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

126300.00

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

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

127920.85

Forgiveness Date

08/16/2021

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