Southern Virginia University

$2,398,400 PPP Loan in Buena Vista, Virginia

Loan Details

Loan Number
8163147002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,398,400
Current Approval
$2,398,400
Forgiveness Amount
$2,425,848
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Virginia University
Address
1 University Hill Dr
ZIP Code
24416-3038
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
375
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
VA-06

Loan Use Breakdown

Payroll
$2,204,700
Utilities
$125,300
Mortgage Interest
$68,400

Lender Information

Servicing Lender
The Old Point National Bank of Phoebus
Originating Lender
The Old Point National Bank of Phoebus

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