PPP borrower record

VMI FOUNDATION PPP loan record

Public SBA PPP loan record for VMI FOUNDATION. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$830,253
Approved amount
$834,847
Forgiven amount
2020-04-06
Date approved

Borrower and loan details

Borrower
VMI FOUNDATION
Loan number
6146627003
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Lexington
Borrower state
Virginia
Borrower ZIP
24450
Jobs reported
43
Loan status
Paid in Full
Forgiveness date
2020-11-03
Servicing lender
Cornerstone Bank, National Association
Originating lender
Cornerstone Bank, National Association

Reported use of proceeds

Payroll
$622,689
Rent
N/A
Utilities
$51,890
Mortgage interest
$51,890
Health care
$51,891
Debt interest
$51,891

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.