PPP Loan information for Propel opportunity fund inc.

$1,051,395

Propel opportunity fund inc. was initially approved for PPP Loan of amount $1,051,395, the current approved amount is $1,051,395. The loan was approved on 06/18/2020 by The Lendistry-Federal Reserve Contract reported 18 jobs and $1,051,395 was used to fund payroll.

Propel opportunity fund inc. is New Business or 2 years or less

PPP Loan Search / GA / Macon / Propel opportunity fund inc.

PROPEL OPPORTUNITY FUND INC.

Date Approved

06/18/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PROPEL OPPORTUNITY FUND INC.

Borrower Address

830 Mulberry Street

Borrower City

Macon

Borrower State

GA

Borrower Zip

31201-0600

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1051395.00

Current Approval Amount

1051395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

596038

Servicing Lender Name

Lendistry-Federal Reserve Contract

Servicing Lender Address

777 South Alameda Street

Servicing Lender City

Los Angeles

Servicing Lender State

CA

Servicing Lender Zip

90021

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Macon

Project County Name

BIBB

Project State

GA

Project Zip

31201-0600

CD

GA-02

Jobs Reported

18

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1051395.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;