PPP Loan information for Interchange group inc

$1,372,500

Interchange group inc was initially approved for PPP Loan of amount $1,372,500, the current approved amount is $1,372,500. The loan was approved on 04/11/2020 by The Truist Bank reported 206 jobs and $1,372,500 was used to fund payroll.

Interchange group inc is Existing or more than 2 years old

INTERCHANGE GROUP INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INTERCHANGE GROUP INC

Borrower Address

1346 PLEASANTS DR

Borrower City

ROCKINGHAM

Borrower State

VA

Borrower Zip

22801-3852

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1372500.00

Current Approval Amount

1372500.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKINGHAM

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22801-3852

CD

VA-06

Jobs Reported

206

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1372500.00

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

Subchapter S Corporation

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

1384280.62

Forgiveness Date

03/01/2021

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