PPP Loan information for Saron, inc.

$362,989

Saron, inc. was initially approved for PPP Loan of amount $362,989, the current approved amount is $362,989. The loan was approved on 04/13/2020 by The First Horizon Bank reported 70 jobs and $362,989 was used to fund payroll.

Saron, inc. is Existing or more than 2 years old

SARON, INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SARON, INC.

Borrower Address

3727 ROSEHILL RD

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28311-6603

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362989.00

Current Approval Amount

362989.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28311-6603

CD

NC-09

Jobs Reported

70

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

362989.00

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

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

367546.53

Forgiveness Date

07/26/2021

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