PPP Loan information for Cvpath institute

$840,153

Cvpath institute was initially approved for PPP Loan of amount $1,947,982, the current approved amount is $840,153. The loan was approved on 04/08/2020 by The Truist Bank reported 49 jobs and $840,153 was used to fund payroll.

Cvpath institute is Existing or more than 2 years old

CVPATH INSTITUTE

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CVPATH INSTITUTE

Borrower Address

19 FIRSTFIELD RD

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20878-1791

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1947982.00

Current Approval Amount

840152.50

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20878-1791

CD

MD-06

Jobs Reported

49

NAICS Code

541714

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

840152.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

846663.68

Forgiveness Date

01/28/2021

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