PPP Loan information for Propel opportunity fund inc

$372,500

Propel opportunity fund inc was initially approved for PPP Loan of amount $372,500, the current approved amount is $372,500. The loan was approved on 03/10/2021 by The Legacy Bank reported 18 jobs and $372,500 was used to fund payroll.

Propel opportunity fund inc is Existing or more than 2 years old

PPP Loan Search / GA / Macon / Propel opportunity fund inc

PROPEL OPPORTUNITY FUND INC

Date Approved

03/10/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

PROPEL OPPORTUNITY FUND INC

Borrower Address

830 Mulberry St

Borrower City

Macon

Borrower State

GA

Borrower Zip

31201-6715

Loan Status Date

10/07/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

372500.00

Current Approval Amount

372500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Macon

Project County Name

BIBB

Project State

GA

Project Zip

31201-6715

CD

GA-02

Jobs Reported

18

NAICS Code

531390

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

372496.00

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

Corporation

Originating Lender Location Id

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;