Vmi Foundation
$677,500 PPP Loan in Lexington, Virginia
Loan Details
- Loan Number
- 6146627003
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $677,500
- Current Approval
- $830,253
- Forgiveness Amount
- $834,847
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $622,689
- Utilities
- $51,890
- Health Care
- $51,891
- Mortgage Interest
- $51,890
- Debt Interest
- $51,891
Lender Information
- Servicing Lender
- Cornerstone Bank
- Originating Lender
- Cornerstone Bank
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|---|---|---|
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| Rockbridge Area Free Clinic | $849,100 | Research |
| Rockbridge Farmers Cooperative Inc. | $540,600 | Research |
| Huger Food Services, Inc. | $454,920 | Research |
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