PPP Loan information for Sai associates inc

$44,500

Sai associates inc was initially approved for PPP Loan of amount $44,500, the current approved amount is $44,500. The loan was approved on 01/25/2021 by The TowneBank reported 10 jobs and $44,500 was used to fund payroll.

Sai associates inc is Existing or more than 2 years old

SAI ASSOCIATES INC

Date Approved

01/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SAI ASSOCIATES INC

Borrower Address

5601 Richmond Rd

Borrower City

Williamsburg

Borrower State

VA

Borrower Zip

23188-1985

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44500.00

Current Approval Amount

44500.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williamsburg

Project County Name

JAMES CITY

Project State

VA

Project Zip

23188-1985

CD

VA-01

Jobs Reported

10

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

44494.00

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

44820.15

Forgiveness Date

10/22/2021

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