PPP Loan information for Produce source partners inc

$1,947,113

Produce source partners inc was initially approved for PPP Loan of amount $1,947,113, the current approved amount is $1,947,113. The loan was approved on 05/11/2021 by The Truist Bank reported 277 jobs and $1,947,113 was used to fund payroll.

Produce source partners inc is Existing or more than 2 years old

PRODUCE SOURCE PARTNERS INC

Date Approved

05/11/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PRODUCE SOURCE PARTNERS INC

Borrower Address

13167 Telcourt Rd

Borrower City

Ashland

Borrower State

VA

Borrower Zip

23005-7454

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1947112.50

Current Approval Amount

1947112.50

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

HANOVER

Project State

VA

Project Zip

23005-7454

CD

VA-01

Jobs Reported

277

NAICS Code

424480

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1947112.50

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

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

1961986.28

Forgiveness Date

02/18/2022

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