PPP Loan information for The choice group inc.

$978,954

The choice group inc. was initially approved for PPP Loan of amount $978,954, the current approved amount is $978,954. The loan was approved on 02/12/2021 by The Truist Bank reported 80 jobs and $978,954 was used to fund payroll.

The choice group inc. is Existing or more than 2 years old

THE CHOICE GROUP INC.

Date Approved

02/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE CHOICE GROUP INC.

Borrower Address

4807 Radford Ave Ste 106

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23230-3505

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

978954.00

Current Approval Amount

978954.00

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

Richmond

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23230-3505

CD

VA-04

Jobs Reported

80

NAICS Code

624310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

978954.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

987764.59

Forgiveness Date

01/10/2022

;