PPP Loan information for Sports outreach institute inc

$91,192

Sports outreach institute inc was initially approved for PPP Loan of amount $91,192, the current approved amount is $91,192. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 25 jobs and $91,192 was used to fund payroll.

Sports outreach institute inc is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Sports outreach institute inc

SPORTS OUTREACH INSTITUTE INC

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SPORTS OUTREACH INSTITUTE INC

Borrower Address

2306 BEDFORD AVE STE 105

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24503-2703

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91192.00

Current Approval Amount

91192.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24503-2703

CD

VA-05

Jobs Reported

25

NAICS Code

611699

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

91192.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

83528.30

Forgiveness Date

03/10/2021

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