Randolph College Incorporated

$3,690,874 PPP Loan in Lynchburg, Virginia

Loan Details

Loan Number
1943257206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$3,690,874
Current Approval
$3,690,874
Forgiveness Amount
$3,656,614
Forgiveness Date
Aug 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Randolph College Incorporated
Address
2500 Rivermont Ave
ZIP Code
24503-1555
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
408
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$2,768,156
Utilities
$922,719

Lender Information

Servicing Lender
Skyline National Bank
Originating Lender
Skyline National Bank

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