PPP Loan information for The sheltering arms hospital

$3,436,827

The sheltering arms hospital was initially approved for PPP Loan of amount $3,436,827, the current approved amount is $3,436,827. The loan was approved on 04/18/2021 by The Truist Bank reported 287 jobs and $3,436,827 was used to fund payroll.

The sheltering arms hospital is Existing or more than 2 years old

THE SHELTERING ARMS HOSPITAL

Date Approved

04/18/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE SHELTERING ARMS HOSPITAL

Borrower Address

8226 Meadowbridge Road

Borrower City

Mechanicsville

Borrower State

VA

Borrower Zip

23116

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3436827.00

Current Approval Amount

3436827.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mechanicsville

Project County Name

HANOVER

Project State

VA

Project Zip

23116

CD

VA-01

Jobs Reported

287

NAICS Code

621340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

3436823.00

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

501(c)3 – Non Profit

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3461648.53

Forgiveness Date

01/18/2022

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