PPP Loan information for Sai associates iii inc

$40,100

Sai associates iii inc was initially approved for PPP Loan of amount $40,100, the current approved amount is $40,100. The loan was approved on 02/13/2021 by The TowneBank reported 8 jobs and $40,100 was used to fund payroll.

Sai associates iii inc is Existing or more than 2 years old

SAI ASSOCIATES III INC

Date Approved

02/13/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SAI ASSOCIATES III INC

Borrower Address

416 14th Street

Borrower City

West Point

Borrower State

VA

Borrower Zip

23181

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40100.00

Current Approval Amount

40100.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Point

Project County Name

KING WILLIAM

Project State

VA

Project Zip

23181

CD

VA-01

Jobs Reported

8

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40094.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40382.93

Forgiveness Date

10/26/2021

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