PPP Loan information for Community alternatives, inc

$1,802,000

Community alternatives, inc was initially approved for PPP Loan of amount $1,802,000, the current approved amount is $1,802,000. The loan was approved on 04/06/2020 by The Blue Ridge Bank, National Association reported 282 jobs and $1,802,000 was used to fund payroll.

Community alternatives, inc is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Community alternatives, inc

COMMUNITY ALTERNATIVES, INC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COMMUNITY ALTERNATIVES, INC

Borrower Address

410 N Center Drive

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23502-0005

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1802000.00

Current Approval Amount

1802000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-0005

CD

VA-03

Jobs Reported

282

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

44000.00

Payroll Proceed

1376366.00

Mortgage Interest Proceed

0.00

Rent Proceed

249792.00

Refinance EIDL Proceed

0.00

Health Care Proceed

126842.00

Debt Interest Proceed

5000

Business Type

Non-Profit Organization

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1823173.50

Forgiveness Date

06/11/2021

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