PPP Loan information for Soar365

$2,000,000

Soar365 was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/29/2021 by The Atlantic Union Bank reported 280 jobs and $2,000,000 was used to fund payroll.

Soar365 is Existing or more than 2 years old

SOAR365

Date Approved

01/29/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SOAR365

Borrower Address

3600 Saunders Avenue 3600 Saunders Avenue

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23227

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

HENRICO

Project State

VA

Project Zip

23227

CD

VA-04

Jobs Reported

280

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2024444.44

Forgiveness Date

04/20/2022

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