PPP Loan information for Tale of the whale inc.

$259,540

Tale of the whale inc. was initially approved for PPP Loan of amount $259,540, the current approved amount is $259,540. The loan was approved on 02/25/2021 by The Southern Bank and Trust Company reported 35 jobs and $259,540 was used to fund payroll.

Tale of the whale inc. is Existing or more than 2 years old

TALE OF THE WHALE INC.

Date Approved

02/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

TALE OF THE WHALE INC.

Borrower Address

7575 S Virginia Dare Trl

Borrower City

Nags Head

Borrower State

NC

Borrower Zip

27959-9162

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

259540.00

Current Approval Amount

259540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nags Head

Project County Name

DARE

Project State

NC

Project Zip

27959-9162

CD

NC-03

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

259539.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

261695.62

Forgiveness Date

12/29/2021

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