PPP Loan information for The montpelier foundation

$696,300

The montpelier foundation was initially approved for PPP Loan of amount $696,300, the current approved amount is $696,300. The loan was approved on 04/07/2020 by The Virginia National Bank reported 85 jobs and $696,300 was used to fund payroll.

The montpelier foundation is Existing or more than 2 years old

THE MONTPELIER FOUNDATION

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE MONTPELIER FOUNDATION

Borrower Address

11384 Laundry Road

Borrower City

MONTPELIER STATION

Borrower State

VA

Borrower Zip

22957

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

696300.00

Current Approval Amount

696300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123036

Servicing Lender Name

Virginia National Bank

Servicing Lender Address

222 E Main St

Servicing Lender City

CHARLOTTESVILLE

Servicing Lender State

VA

Servicing Lender Zip

22902-5232

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTPELIER STATION

Project County Name

ORANGE

Project State

VA

Project Zip

22957-0057

CD

VA-07

Jobs Reported

85

NAICS Code

712120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

696300.00

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

123036

Originating Lender

Virginia National Bank

Originating Lender City

CHARLOTTESVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

701657.64

Forgiveness Date

01/13/2021

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