PPP Loan information for The stretch effect

$11,985

The stretch effect was initially approved for PPP Loan of amount $11,985, the current approved amount is $11,985. The loan was approved on 02/16/2021 by The Loan Source Incorporated reported 3 jobs and $11,985 was used to fund payroll.

The stretch effect is Existing or more than 2 years old

THE STRETCH EFFECT

Date Approved

02/16/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

THE STRETCH EFFECT

Borrower Address

234 Seven Farms Dr Ste 123

Borrower City

Daniel Island

Borrower State

SC

Borrower Zip

29492-8108

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11985.00

Current Approval Amount

11985.00

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

29492-8108

CD

SC-01

Jobs Reported

3

NAICS Code

713940

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

11983.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12072.67

Forgiveness Date

11/24/2021

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