PPP Loan information for Roads to recovery inc

$75,000

Roads to recovery inc was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/09/2020 by The First National Bank reported 9 jobs and $75,000 was used to fund payroll.

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

PPP Loan Search / VA / LYNCHBURG / Roads to recovery inc

ROADS TO RECOVERY INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ROADS TO RECOVERY INC

Borrower Address

2600 Memorial Ave Ste 107

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-2624

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-2624

CD

VA-05

Jobs Reported

9

NAICS Code

623220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

60000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

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

Unanswered

Non Profit

Y

Forgiveness Amount

75754.17

Forgiveness Date

04/19/2021

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