PPP Loan information for Outerelements inc

$253,600

Outerelements inc was initially approved for PPP Loan of amount $1,471,123, the current approved amount is $253,600. The loan was approved on 04/14/2020 by The Truist Bank reported 25 jobs and $253,600 was used to fund payroll.

Outerelements inc is Existing or more than 2 years old

PPP Loan Search / GA / CALHOUN / Outerelements inc

OUTERELEMENTS INC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

OUTERELEMENTS INC

Borrower Address

501 W MAY ST

Borrower City

CALHOUN

Borrower State

GA

Borrower Zip

30701-2647

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1471123.00

Current Approval Amount

253600.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CALHOUN

Project County Name

GORDON

Project State

GA

Project Zip

30701-2647

CD

GA-14

Jobs Reported

25

NAICS Code

561730

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

253600.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

257108.13

Forgiveness Date

10/04/2021

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