PPP Loan information for Therapeutic alternatives, incorporated

$1,867,600

Therapeutic alternatives, incorporated was initially approved for PPP Loan of amount $1,867,600, the current approved amount is $1,867,600. The loan was approved on 04/14/2020 by The Pinnacle Bank reported 313 jobs and $1,867,600 was used to fund payroll.

Therapeutic alternatives, incorporated is Existing or more than 2 years old

THERAPEUTIC ALTERNATIVES, INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THERAPEUTIC ALTERNATIVES, INCORPORATED

Borrower Address

4270 HEATH DAIRY RD

Borrower City

RANDLEMAN

Borrower State

NC

Borrower Zip

27317-7489

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1867600.00

Current Approval Amount

1867600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RANDLEMAN

Project County Name

RANDOLPH

Project State

NC

Project Zip

27317-7489

CD

NC-09

Jobs Reported

313

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1867600.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1888732.02

Forgiveness Date

06/11/2021

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