PPP Loan information for The stretch effect

$18,752

The stretch effect was initially approved for PPP Loan of amount $18,752, the current approved amount is $18,752. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 3 jobs and $18,752 was used to fund payroll.

The stretch effect is Existing or more than 2 years old

THE STRETCH EFFECT

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

THE STRETCH EFFECT

Borrower Address

234 SEVEN FARMS DR, UNIT 123

Borrower City

DANIEL ISLAND

Borrower State

SC

Borrower Zip

29492

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18752.00

Current Approval Amount

18752.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANIEL ISLAND

Project County Name

BERKELEY

Project State

SC

Project Zip

29492-0001

CD

SC-01

Jobs Reported

3

NAICS Code

713940

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18752.00

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

124307

Originating Lender

Southern First Bank

Originating Lender City

GREENVILLE

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18878.90

Forgiveness Date

12/31/2020

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