Randolph College Incorporated

$2,000,000 PPP Loan in Lynchburg, Virginia

Loan Details

Loan Number
3673098505
Date Approved
Feb 24, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,028,219
Forgiveness Date
Aug 2, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Randolph College Incorporated
Address
2500 Rivermont Ave
ZIP Code
24503-1526
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
297
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$1,999,999
Utilities
$1

Lender Information

Servicing Lender
Skyline National Bank
Originating Lender
Skyline National Bank

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