PPP Loan information for The launch factor, inc.

$37,700

The launch factor, inc. was initially approved for PPP Loan of amount $37,700, the current approved amount is $37,700. The loan was approved on 06/30/2020 by The Primis Bank reported 14 jobs and $37,700 was used to fund payroll.

The launch factor, inc. is New Business or 2 years or less

THE LAUNCH FACTOR, INC.

Date Approved

06/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

THE LAUNCH FACTOR, INC.

Borrower Address

2400 Herodian Way SE

Borrower City

Smyrna

Borrower State

GA

Borrower Zip

30080-2906

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37700.00

Current Approval Amount

37700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Smyrna

Project County Name

COBB

Project State

GA

Project Zip

30080-2906

CD

GA-11

Jobs Reported

14

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37700.00

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

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38342.45

Forgiveness Date

03/15/2022

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