PPP Loan information for Generate impact

$97,863

Generate impact was initially approved for PPP Loan of amount $97,863, the current approved amount is $97,863. The loan was approved on 03/10/2021 by The Truist Bank reported 12 jobs and $97,863 was used to fund payroll.

Generate impact is Existing or more than 2 years old

GENERATE IMPACT

Date Approved

03/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

GENERATE IMPACT

Borrower Address

124 Newman Ave

Borrower City

Harrisonburg

Borrower State

VA

Borrower Zip

22801-4004

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97862.50

Current Approval Amount

97862.50

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Harrisonburg

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22801-4004

CD

VA-06

Jobs Reported

12

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97862.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98237.64

Forgiveness Date

07/28/2021

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