PPP Loan information for Fortune equity properties llc

Date Approved

05/28/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FORTUNE EQUITY PROPERTIES LLC

Borrower Address

280 Homestead Way

Borrower City

Covington

Borrower State

GA

Borrower Zip

30014-8200

Loan Status Date

11/20/2021

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

NEWTON

Project State

GA

Project Zip

30014-8200

CD

GA-04

Jobs Reported

15

NAICS Code

531210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25000.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date