PPP Loan information for The rural education foundation

$420,677

The rural education foundation was initially approved for PPP Loan of amount $420,677, the current approved amount is $420,677. The loan was approved on 02/13/2021 by The Atlantic Union Bank reported 69 jobs and $420,677 was used to fund payroll.

The rural education foundation is Existing or more than 2 years old

THE RURAL EDUCATION FOUNDATION

Date Approved

02/13/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE RURAL EDUCATION FOUNDATION

Borrower Address

605 Fuqua Drive 605 Fuqua Drive

Borrower City

Farmville

Borrower State

VA

Borrower Zip

23901

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

420677.00

Current Approval Amount

420677.00

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

Farmville

Project County Name

PRINCE EDWARD

Project State

VA

Project Zip

23901

CD

VA-05

Jobs Reported

69

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

420677.00

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

423177.69

Forgiveness Date

09/21/2021

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