PPP Loan information for Point of return

$42,730

Point of return was initially approved for PPP Loan of amount $42,730, the current approved amount is $42,730. The loan was approved on 04/27/2020 by The Mechanics Bank reported 3 jobs and $42,730 was used to fund payroll.

Point of return is New Business or 2 years or less

POINT OF RETURN

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

POINT OF RETURN

Borrower Address

3575 MAYBANK HWY BOX D108

Borrower City

JOHNS ISLAND

Borrower State

SC

Borrower Zip

29455

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42730.00

Current Approval Amount

42730.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

JOHNS ISLAND

Project County Name

CHARLESTON

Project State

SC

Project Zip

29455-3100

CD

SC-01

Jobs Reported

3

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42730.00

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

43106.26

Forgiveness Date

03/18/2021

;