PPP Loan information for The encouraging word inc

$101,391

The encouraging word inc was initially approved for PPP Loan of amount $101,391, the current approved amount is $101,391. The loan was approved on 04/14/2020 by The Synovus Bank reported 8 jobs and $101,391 was used to fund payroll.

The encouraging word inc is Existing or more than 2 years old

THE ENCOURAGING WORD INC

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

THE ENCOURAGING WORD INC

Borrower Address

290 MAIN ST

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29306-5128

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101391.17

Current Approval Amount

101391.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29306-5128

CD

SC-04

Jobs Reported

8

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101391.17

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

Non-Profit Organization

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

102343.97

Forgiveness Date

03/29/2021

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