PPP Loan information for Charter of lynchburg, inc.

$294,100

Charter of lynchburg, inc. was initially approved for PPP Loan of amount $294,100, the current approved amount is $294,100. The loan was approved on 04/28/2020 by The First National Bank reported 49 jobs and $294,100 was used to fund payroll.

Charter of lynchburg, inc. is Existing or more than 2 years old

CHARTER OF LYNCHBURG, INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHARTER OF LYNCHBURG, INC.

Borrower Address

P.O. Box 11988

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24506

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294100.00

Current Approval Amount

294100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24506-0001

CD

VA-05

Jobs Reported

49

NAICS Code

337214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15936.00

Payroll Proceed

256164.00

Mortgage Interest Proceed

0.00

Rent Proceed

22000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

295627.69

Forgiveness Date

11/03/2020

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