PPP Loan information for Roads to recovery inc

$77,500

Roads to recovery inc was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 02/10/2021 by The First National Bank reported 9 jobs and $77,500 was used to fund payroll.

Roads to recovery inc is Existing or more than 2 years old

ROADS TO RECOVERY INC

Date Approved

02/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ROADS TO RECOVERY INC

Borrower Address

3000 Langhorne Rd

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24501-1744

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

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

24501-1744

CD

VA-05

Jobs Reported

9

NAICS Code

623220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

77498.00

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

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

78027.43

Forgiveness Date

10/25/2021

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