PPP Loan information for True potential financial

$20,800

True potential financial was initially approved for PPP Loan of amount $61,300, the current approved amount is $20,800. The loan was approved on 04/13/2020 by The Readycap Lending, LLC reported 1 jobs and $20,800 was used to fund payroll.

True potential financial is Existing or more than 2 years old

TRUE POTENTIAL FINANCIAL

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

TRUE POTENTIAL FINANCIAL

Borrower Address

505 Berkeley Run Northeast

Borrower City

Sandy Springs

Borrower State

GA

Borrower Zip

30342

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61300.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sandy Springs

Project County Name

FULTON

Project State

GA

Project Zip

30342-0001

CD

GA-05

Jobs Reported

1

NAICS Code

561312

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21018.26

Forgiveness Date

05/25/2021

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