PPP Loan information for Olive lounge inc

$103,442

Olive lounge inc was initially approved for PPP Loan of amount $103,442, the current approved amount is $103,442. The loan was approved on 03/20/2021 by The Truist Bank reported 10 jobs and $103,442 was used to fund payroll.

Olive lounge inc is Existing or more than 2 years old

PPP Loan Search / MD / Laurel / Olive lounge inc

OLIVE LOUNGE INC

Date Approved

03/20/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

OLIVE LOUNGE INC

Borrower Address

504 Main St

Borrower City

Laurel

Borrower State

MD

Borrower Zip

20707-4118

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103442.00

Current Approval Amount

103442.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20707-4118

CD

MD-04

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

103439.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103985.07

Forgiveness Date

10/04/2021

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