PPP Loan information for The arc of loudoun

$850,132

The arc of loudoun was initially approved for PPP Loan of amount $850,132, the current approved amount is $850,132. The loan was approved on 02/11/2021 by The Bank of Charles Town reported 86 jobs and $850,132 was used to fund payroll.

The arc of loudoun is Existing or more than 2 years old

THE ARC OF LOUDOUN

Date Approved

02/11/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

THE ARC OF LOUDOUN

Borrower Address

601 Catoctin Cir NE

Borrower City

Leesburg

Borrower State

VA

Borrower Zip

20176-4964

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

850131.57

Current Approval Amount

850131.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75098

Servicing Lender Name

Bank of Charles Town

Servicing Lender Address

111 E Washington St

Servicing Lender City

CHARLES TOWN

Servicing Lender State

WV

Servicing Lender Zip

25414-1071

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leesburg

Project County Name

LOUDOUN

Project State

VA

Project Zip

20176-4964

CD

VA-10

Jobs Reported

86

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

850131.57

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

75098

Originating Lender

Bank of Charles Town

Originating Lender City

CHARLES TOWN

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

858727.34

Forgiveness Date

02/17/2022

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