PPP Loan information for Sovereign development inc

$8,675

Sovereign development inc was initially approved for PPP Loan of amount $8,675, the current approved amount is $8,675. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $8,675 was used to fund payroll.

Sovereign development inc is New Business or 2 years or less

SOVEREIGN DEVELOPMENT INC

Date Approved

05/01/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SOVEREIGN DEVELOPMENT INC

Borrower Address

6203 CATALINA DR UNIT 112

Borrower City

NORTH MYRTLE BEACH

Borrower State

SC

Borrower Zip

29582-9539

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8675.00

Current Approval Amount

8675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTH MYRTLE BEACH

Project County Name

HORRY

Project State

SC

Project Zip

29582-9539

CD

SC-07

Jobs Reported

1

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8675.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7126.92

Forgiveness Date

10/21/2021

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