PPP Loan information for The olive tree inc.

$42,000

The olive tree inc. was initially approved for PPP Loan of amount $42,000, the current approved amount is $42,000. The loan was approved on 04/14/2020 by The Regions Bank reported 17 jobs and $42,000 was used to fund payroll.

The olive tree inc. is Existing or more than 2 years old

THE OLIVE TREE INC.

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

THE OLIVE TREE INC.

Borrower Address

849 Thornton Road

Borrower City

Lithia Springs

Borrower State

GA

Borrower Zip

30122-2607

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42000.00

Current Approval Amount

42000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lithia Springs

Project County Name

DOUGLAS

Project State

GA

Project Zip

30122-2607

CD

GA-13

Jobs Reported

17

NAICS Code

722511

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42333.70

Forgiveness Date

02/09/2021

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