PPP Loan information for Planet oar inc

$231,315

Planet oar inc was initially approved for PPP Loan of amount $231,315, the current approved amount is $231,315. The loan was approved on 03/18/2021 by The City National Bank reported 5 jobs and $231,315 was used to fund payroll.

Planet oar inc is Existing or more than 2 years old

PLANET OAR INC

Date Approved

03/18/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PLANET OAR INC

Borrower Address

700 Harris St Ste 201

Borrower City

Charlottesville

Borrower State

VA

Borrower Zip

22903-4584

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

231315.00

Current Approval Amount

231315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Charlottesville

Project County Name

CHARLOTTESVILLE CITY

Project State

VA

Project Zip

22903-4584

CD

VA-05

Jobs Reported

5

NAICS Code

711130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

231312.00

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

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

169975.40

Forgiveness Date

01/17/2023

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