Commonwealth Home Health Care Inc.

$1,395,000 PPP Loan in Danville, Virginia

Loan Details

Loan Number
6459107110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,395,000
Current Approval
$1,395,000
Forgiveness Amount
$1,403,835
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Commonwealth Home Health Care Inc.
Address
479 Piney Forest Road
ZIP Code
24540
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621610)
Business Age
Existing or more than 2 years old
Jobs Reported
247
Estimated Revenue
$42.3M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$1,212,540
Rent
$89,440
Utilities
$13,376
Health Care
$77,187
Debt Interest
$2,457

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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