PPP Loan information for Martial arts group inc.

$50,431

Martial arts group inc. was initially approved for PPP Loan of amount $50,431, the current approved amount is $50,431. The loan was approved on 04/10/2020 by The PromiseOne Bank reported 7 jobs and $50,431 was used to fund payroll.

Martial arts group inc. is Existing or more than 2 years old

MARTIAL ARTS GROUP INC.

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MARTIAL ARTS GROUP INC.

Borrower Address

6695 JIMMY CARTER BLVD Suite H

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30071-1700

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50431.00

Current Approval Amount

50431.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

461279

Servicing Lender Name

PromiseOne Bank

Servicing Lender Address

2385 Pleasant Hill Rd

Servicing Lender City

DULUTH

Servicing Lender State

GA

Servicing Lender Zip

30096-4323

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30071-1700

CD

GA-07

Jobs Reported

7

NAICS Code

424990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49490.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

941.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

461279

Originating Lender

PromiseOne Bank

Originating Lender City

DULUTH

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50815.10

Forgiveness Date

01/20/2021

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