PPP Loan information for The rethink group

$1,965,000

The rethink group was initially approved for PPP Loan of amount $2,390,000, the current approved amount is $1,965,000. The loan was approved on 04/09/2020 by The Truist Bank reported 134 jobs and $1,965,000 was used to fund payroll.

The rethink group is Existing or more than 2 years old

PPP Loan Search / GA / CUMMING / The rethink group

THE RETHINK GROUP

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

THE RETHINK GROUP

Borrower Address

5807 CHARLOTTE LN Ste 300

Borrower City

CUMMING

Borrower State

GA

Borrower Zip

30040-0321

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2390000.00

Current Approval Amount

1965000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUMMING

Project County Name

FORSYTH

Project State

GA

Project Zip

30040-0321

CD

GA-06

Jobs Reported

134

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1965000.00

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1986560.42

Forgiveness Date

05/21/2021

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