PPP Loan information for Timberlake educational foundation

$278,900

Timberlake educational foundation was initially approved for PPP Loan of amount $278,900, the current approved amount is $278,900. The loan was approved on 04/04/2020 by The The First Bank and Trust Company reported 99 jobs and $278,900 was used to fund payroll.

Timberlake educational foundation is Existing or more than 2 years old

TIMBERLAKE EDUCATIONAL FOUNDATION

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TIMBERLAKE EDUCATIONAL FOUNDATION

Borrower Address

202 HORIZON DR

Borrower City

FOREST

Borrower State

VA

Borrower Zip

24551-1631

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278900.00

Current Approval Amount

278900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST

Project County Name

CAMPBELL

Project State

VA

Project Zip

24551-1631

CD

VA-05

Jobs Reported

99

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

278900.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

280759.33

Forgiveness Date

12/16/2020

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