PPP Loan information for Soar 365

$2,918,800

Soar 365 was initially approved for PPP Loan of amount $2,918,800, the current approved amount is $2,918,800. The loan was approved on 04/07/2020 by The Atlantic Union Bank reported 413 jobs and $2,918,800 was used to fund payroll.

Soar 365 is Existing or more than 2 years old

SOAR 365

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOAR 365

Borrower Address

3600 Saunders Ave

Borrower City

RICHMOND

Borrower State

VA

Borrower Zip

23227-4328

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2918800.00

Current Approval Amount

2918800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23227-4328

CD

VA-04

Jobs Reported

413

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2918800.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2791999.52

Forgiveness Date

12/21/2021

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