PPP Loan information for The carmel school

$496,800

The carmel school was initially approved for PPP Loan of amount $496,800, the current approved amount is $496,800. The loan was approved on 04/08/2020 by The Atlantic Union Bank reported 52 jobs and $496,800 was used to fund payroll.

The carmel school is Existing or more than 2 years old

THE CARMEL SCHOOL

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE CARMEL SCHOOL

Borrower Address

9020 Jericho Road

Borrower City

RUTHER GLEN

Borrower State

VA

Borrower Zip

22546-2346

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

496800.00

Current Approval Amount

496800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUTHER GLEN

Project County Name

CAROLINE

Project State

VA

Project Zip

22546-2346

CD

VA-07

Jobs Reported

52

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

496800.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

501657.60

Forgiveness Date

04/08/2021

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