PPP Loan information for Equinox open library initiative inc

$242,489

Equinox open library initiative inc was initially approved for PPP Loan of amount $242,489, the current approved amount is $242,489. The loan was approved on 05/06/2020 by The Truist Bank reported 17 jobs and $242,489 was used to fund payroll.

Equinox open library initiative inc is Existing or more than 2 years old

EQUINOX OPEN LIBRARY INITIATIVE INC

Date Approved

05/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

EQUINOX OPEN LIBRARY INITIATIVE INC

Borrower Address

P.O. Box 69

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30091-0069

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242489.00

Current Approval Amount

242489.00

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

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30091-0069

CD

GA-07

Jobs Reported

17

NAICS Code

541511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

242489.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

244482.80

Forgiveness Date

03/05/2021

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