PPP Loan information for Vat educational corporation

$241,785

Vat educational corporation was initially approved for PPP Loan of amount $241,785, the current approved amount is $241,785. The loan was approved on 04/14/2020 by The Atlantic Union Bank reported 13 jobs and $241,785 was used to fund payroll.

Vat educational corporation is New Business or 2 years or less

VAT EDUCATIONAL CORPORATION

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

VAT EDUCATIONAL CORPORATION

Borrower Address

21367 Shale Ridge Ct

Borrower City

Ashburn

Borrower State

VA

Borrower Zip

20147

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241785.00

Current Approval Amount

241785.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Ashburn

Project County Name

LOUDOUN

Project State

VA

Project Zip

20147-2200

CD

VA-10

Jobs Reported

13

NAICS Code

624410

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

241785.00

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

Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244746.87

Forgiveness Date

07/09/2021

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