Royal Oak Medical Associates, P.c.

$395,100 PPP Loan in Marion, Virginia

Loan Details

Loan Number
5277587010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$395,100
Current Approval
$395,100
Forgiveness Amount
$400,198
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Oak Medical Associates, P.c.
Address
1616 N. Main Street, Ste. C
City
Marion
ZIP Code
24354-4398
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621111)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$13.5M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$324,100
Rent
$45,000
Utilities
$7,000
Health Care
$19,000

Lender Information

Servicing Lender
The Bank of Marion
Originating Lender
The Bank of Marion

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