PPP Loan information for Sokal media group inc

$1,836,300

Sokal media group inc was initially approved for PPP Loan of amount $1,493,732, the current approved amount is $1,836,300. The loan was approved on 04/08/2020 by The Truist Bank reported 116 jobs and $1,836,300 was used to fund payroll.

Sokal media group inc is Existing or more than 2 years old

SOKAL MEDIA GROUP INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOKAL MEDIA GROUP INC

Borrower Address

9911 Northcross Center Court

Borrower City

HUNTERSVILLE

Borrower State

NC

Borrower Zip

28078-7354

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1493732.29

Current Approval Amount

1836300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTERSVILLE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28078-7354

CD

NC-12

Jobs Reported

116

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1836300.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1850429.31

Forgiveness Date

01/25/2021

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