PPP Loan information for Olea construction

$13,750

Olea construction was initially approved for PPP Loan of amount $13,750, the current approved amount is $13,750. The loan was approved on 05/27/2020 by The Truist Bank reported 2 jobs and $13,750 was used to fund payroll.

Olea construction is New Business or 2 years or less

OLEA CONSTRUCTION

Date Approved

05/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OLEA CONSTRUCTION

Borrower Address

141 Sunrise Ct

Borrower City

Bumpass

Borrower State

VA

Borrower Zip

23024

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13750.00

Current Approval Amount

13750.00

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

New Business or 2 years or less

Project City

Bumpass

Project County Name

LOUISA

Project State

VA

Project Zip

23024-0001

CD

VA-05

Jobs Reported

2

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

13750.00

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

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

13853.89

Forgiveness Date

02/25/2021

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