ALBEMARLE HOUSING IMPROVEMENT PROGRAM INC (VA) - 2020 PPP Loan Borrower Profile (# 1903697106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBEMARLE HOUSING IMPROVEMENT PROGRAM INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Virginia.

Loan Detail

Loan Number

1903697106

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$260,900

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$262,907.48

Date Loan was Forgiven

Jan 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

260,900

Lender

Truist Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

925110

Borrower Location

CHARLOTTESVILLE, VA

Project Location

CHARLOTTESVILLE, VA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.