PPP Loan information for Synergy telecom inc.

$140,955

Synergy telecom inc. was initially approved for PPP Loan of amount $140,955, the current approved amount is $140,955. The loan was approved on 03/13/2021 by The New Peoples Bank, Inc. reported 15 jobs and $140,955 was used to fund payroll.

Synergy telecom inc. is Existing or more than 2 years old

SYNERGY TELECOM INC.

Date Approved

03/13/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SYNERGY TELECOM INC.

Borrower Address

1012 Laurel Ave

Borrower City

Coeburn

Borrower State

VA

Borrower Zip

24230-3827

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140955.00

Current Approval Amount

140955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Coeburn

Project County Name

WISE

Project State

VA

Project Zip

24230-3827

CD

VA-09

Jobs Reported

15

NAICS Code

517919

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

140952.00

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

141460.09

Forgiveness Date

07/26/2021

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