PPP Loan information for The arc of the piedmont, inc.

$538,700

The arc of the piedmont, inc. was initially approved for PPP Loan of amount $538,700, the current approved amount is $538,700. The loan was approved on 04/09/2020 by The Blue Ridge Bank, National Association reported 86 jobs and $538,700 was used to fund payroll.

The arc of the piedmont, inc. is Existing or more than 2 years old

PPP Loan Search / VA / CHARLOTTESVILLE / The arc of the piedmont, inc.

THE ARC OF THE PIEDMONT, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE ARC OF THE PIEDMONT, INC.

Borrower Address

1149 Rose Hill Drive

Borrower City

CHARLOTTESVILLE

Borrower State

VA

Borrower Zip

22903-5131

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

538700.00

Current Approval Amount

538700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTESVILLE

Project County Name

ALBEMARLE

Project State

VA

Project Zip

22903-5131

CD

VA-05

Jobs Reported

86

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

75652.00

Payroll Proceed

430992.00

Mortgage Interest Proceed

20620.00

Rent Proceed

11436.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

541737.67

Forgiveness Date

11/03/2020

;