PPP Loan information for Virginia community development corporation

$327,300

Virginia community development corporation was initially approved for PPP Loan of amount $27,300, the current approved amount is $327,300. The loan was approved on 04/14/2020 by The Truist Bank reported 18 jobs and $327,300 was used to fund payroll.

Virginia community development corporation is Existing or more than 2 years old

PPP Loan Search / VA / RICHMOND / Virginia community development corporation

VIRGINIA COMMUNITY DEVELOPMENT CORPORATION

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VIRGINIA COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

1840 W BROAD ST STE 200

Borrower City

RICHMOND

Borrower State

VA

Borrower Zip

23220-2151

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27300.00

Current Approval Amount

327300.00

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

23220-2151

CD

VA-04

Jobs Reported

18

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

327300.00

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

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

329836.57

Forgiveness Date

02/10/2021

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