PPP Loan information for Organization for tropical studies, inc.

$124,100

Organization for tropical studies, inc. was initially approved for PPP Loan of amount $124,100, the current approved amount is $124,100. The loan was approved on 05/08/2020 by The Truist Bank reported 118 jobs and $124,100 was used to fund payroll.

Organization for tropical studies, inc. is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / Organization for tropical studies, inc.

ORGANIZATION FOR TROPICAL STUDIES, INC.

Date Approved

05/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ORGANIZATION FOR TROPICAL STUDIES, INC.

Borrower Address

408 SWIFT AVE

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27705-4831

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124100.00

Current Approval Amount

124100.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27705-4831

CD

NC-04

Jobs Reported

118

NAICS Code

923110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124100.00

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

125210.01

Forgiveness Date

04/01/2021

;