PPP Loan information for Real estate associates inc

$522,713

Real estate associates inc was initially approved for PPP Loan of amount $44,300, the current approved amount is $522,713. The loan was approved on 04/13/2020 by The Truist Bank reported 45 jobs and $522,713 was used to fund payroll.

Real estate associates inc is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / Real estate associates inc

REAL ESTATE ASSOCIATES INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REAL ESTATE ASSOCIATES INC

Borrower Address

3333 DURHAM CHAPEL HILL BLVD #C101

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27707-2650

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44300.00

Current Approval Amount

522713.00

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

N

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

27707-2650

CD

NC-04

Jobs Reported

45

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

522713.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

528477.36

Forgiveness Date

05/25/2021

;