PPP Loan information for Virginia university of lynchburg inc

$480,200

Virginia university of lynchburg inc was initially approved for PPP Loan of amount $480,200, the current approved amount is $480,200. The loan was approved on 02/12/2021 by The Select Bank reported 67 jobs and $480,200 was used to fund payroll.

Virginia university of lynchburg inc is Existing or more than 2 years old

VIRGINIA UNIVERSITY OF LYNCHBURG INC

Date Approved

02/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

VIRGINIA UNIVERSITY OF LYNCHBURG INC

Borrower Address

2058 Garfield Ave

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24501-6400

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

480200.00

Current Approval Amount

480200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447640

Servicing Lender Name

Select Bank

Servicing Lender Address

211 Gristmill Dr

Servicing Lender City

FOREST

Servicing Lender State

VA

Servicing Lender Zip

24551-2605

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-6400

CD

VA-05

Jobs Reported

67

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

480195.00

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

Subchapter S Corporation

Originating Lender Location Id

447640

Originating Lender

Select Bank

Originating Lender City

FOREST

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

484528.38

Forgiveness Date

02/03/2022

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