PPP Loan information for Commonwealth ventures inc.

$281,945

Commonwealth ventures inc. was initially approved for PPP Loan of amount $281,945, the current approved amount is $281,945. The loan was approved on 03/31/2021 by The Truist Bank reported 87 jobs and $281,945 was used to fund payroll.

Commonwealth ventures inc. is Existing or more than 2 years old

COMMONWEALTH VENTURES INC.

Date Approved

03/31/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

COMMONWEALTH VENTURES INC.

Borrower Address

1900 E Belt Blvd

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23224-6304

Loan Status Date

03/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

281945.00

Current Approval Amount

281945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23224-6304

CD

VA-04

Jobs Reported

87

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

281945.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

284341.53

Forgiveness Date

02/03/2022

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