Covenant Woods
$2,107,300 PPP Loan in Mechanicsville, Virginia
Loan Details
- Loan Number
- 1979197105
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,107,300
- Current Approval
- $2,107,300
- Forgiveness Amount
- $2,131,710
- Forgiveness Date
- Jun 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Covenant Woods
- Address
- 7090 Covenant Woods Dr
- City
- Mechanicsville
- State
- Virginia
- ZIP Code
- 23111-0016
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (623311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 228
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- VA-01
Loan Use Breakdown
- Payroll
- $2,107,300
Lender Information
- Servicing Lender
- Atlantic Union Bank
- Originating Lender
- Atlantic Union Bank
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| Business | Approved | |
|---|---|---|
| The Sheltering Arms Hospital | $3,436,827 | |
| Regional Marketing Concepts | $2,356,000 | |
| Rink Management Services Corporation | $2,348,202 | |
| E.j. Wade Construction, LLC | $1,439,283 | |
| Quality Transportation Services, Inc. | $1,199,200 |
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