PPP Loan information for The folsom group inc

$116,550

The folsom group inc was initially approved for PPP Loan of amount $116,550, the current approved amount is $116,550. The loan was approved on 02/10/2021 by The Cross River Bank reported 7 jobs and $116,550 was used to fund payroll.

The folsom group inc is Existing or more than 2 years old

THE FOLSOM GROUP INC

Date Approved

02/10/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

THE FOLSOM GROUP INC

Borrower Address

526 Flint Trl

Borrower City

Jonesboro

Borrower State

GA

Borrower Zip

30236-1316

Loan Status Date

02/25/2021

Loan Status

Charged Off

Term

35

SBA Guaranty Percentage

100

Initial Approval Amount

116550.00

Current Approval Amount

116550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jonesboro

Project County Name

CLAYTON

Project State

GA

Project Zip

30236-1316

CD

GA-13

Jobs Reported

7

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

116547.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;