ALCOVA MORTGAGE LLC (VA) - 2020 PPP Loan Borrower Profile (# 1196947109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALCOVA MORTGAGE LLC. 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

1196947109

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$3,545,562

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$3,589,684.55

Date Loan was Forgiven

Jul 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

3,545,562

Lender

Truist Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

522292

Borrower Location

ROANOKE, VA

Project Location

ROANOKE, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

320

Business Age Description

Existing or more than 2 years old

Data Source: SBA.