The Arc of Southside

$448,874 PPP Loan in Danville, Virginia

Loan Details

Loan Number
1925237207
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$448,874
Current Approval
$448,874
Forgiveness Amount
$452,290
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Arc of Southside
Address
734 Main St
ZIP Code
24541
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624120)
Business Age
Existing or more than 2 years old
Jobs Reported
104
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$415,874
Utilities
$5,000
Health Care
$28,000

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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