PPP Loan information for Life academy of the roanoke valley

$151,100

Life academy of the roanoke valley was initially approved for PPP Loan of amount $151,100, the current approved amount is $151,100. The loan was approved on 04/13/2020 by The Bank of Botetourt reported 47 jobs and $151,100 was used to fund payroll.

Life academy of the roanoke valley is Existing or more than 2 years old

LIFE ACADEMY OF THE ROANOKE VALLEY

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LIFE ACADEMY OF THE ROANOKE VALLEY

Borrower Address

7422 Deer Branch Road

Borrower City

ROANOKE

Borrower State

VA

Borrower Zip

24019-3118

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151100.00

Current Approval Amount

151100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73136

Servicing Lender Name

Bank of Botetourt

Servicing Lender Address

19747 Main St

Servicing Lender City

BUCHANAN

Servicing Lender State

VA

Servicing Lender Zip

24066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROANOKE

Project County Name

ROANOKE

Project State

VA

Project Zip

24019-3118

CD

VA-06

Jobs Reported

47

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7555.00

Payroll Proceed

113325.00

Mortgage Interest Proceed

30220.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Childcare Center

Originating Lender Location Id

73136

Originating Lender

Bank of Botetourt

Originating Lender City

BUCHANAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

152514.46

Forgiveness Date

03/17/2021

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