The Arc of the Piedmont, Inc.

$538,700 PPP Loan in Charlottesville, Virginia

Loan Details

Loan Number
9503297003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$538,700
Current Approval
$538,700
Forgiveness Amount
$541,738
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Arc of the Piedmont, Inc.
Address
1149 Rose Hill Drive
ZIP Code
22903-5131
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623210)
Business Age
Existing or more than 2 years old
Jobs Reported
86
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$430,992
Rent
$11,436
Utilities
$75,652
Mortgage Interest
$20,620

Lender Information

Servicing Lender
Blue Ridge Bank, National Association
Originating Lender
Blue Ridge Bank, National Association

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