PPP Loan information for The wit group inc

$514,230

The wit group inc was initially approved for PPP Loan of amount $514,230, the current approved amount is $514,230. The loan was approved on 04/13/2020 by The SouthState Bank, National Association reported 150 jobs and $514,230 was used to fund payroll.

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

THE WIT GROUP INC

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

THE WIT GROUP INC

Borrower Address

334 OLD JESUP RD

Borrower City

BRUNSWICK

Borrower State

GA

Borrower Zip

31520-1754

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

514230.00

Current Approval Amount

514230.00

Undisbursed Amount

0.00

Franchise Name

Wendy's

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRUNSWICK

Project County Name

GLYNN

Project State

GA

Project Zip

31520-1754

CD

GA-01

Jobs Reported

150

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

514230.00

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

518188.87

Forgiveness Date

01/20/2021

;