PPP Loan information for Propel inc.

$20,000

Propel inc. was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 02/23/2021 by The Readycap Lending, LLC reported 2 jobs and $20,000 was used to fund payroll.

Propel inc. is Existing or more than 2 years old

PROPEL INC.

Date Approved

02/23/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

PROPEL INC.

Borrower Address

5513 W 11000 N # 102

Borrower City

Highland

Borrower State

UT

Borrower Zip

84003-8012

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Highland

Project County Name

UTAH

Project State

UT

Project Zip

84003-8012

CD

UT-03

Jobs Reported

2

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

Subchapter S Corporation

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20075.07

Forgiveness Date

07/19/2021

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