PPP Loan information for Synergy franchising corp

$451,452

Synergy franchising corp was initially approved for PPP Loan of amount $451,452, the current approved amount is $451,452. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 41 jobs and $451,452 was used to fund payroll.

Synergy franchising corp is New Business or 2 years or less

SYNERGY FRANCHISING CORP

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SYNERGY FRANCHISING CORP

Borrower Address

801 JONES FRANKLIN RD STE 230

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27606-3381

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

451452.00

Current Approval Amount

451452.00

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

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27606-3381

CD

NC-13

Jobs Reported

41

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

451452.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

454395.71

Forgiveness Date

12/31/2020

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