PPP Loan information for Understory llc

$491,300

Understory llc was initially approved for PPP Loan of amount $2,849,593, the current approved amount is $491,300. The loan was approved on 04/10/2020 by The Truist Bank reported 22 jobs and $491,300 was used to fund payroll.

Understory llc is Existing or more than 2 years old

UNDERSTORY LLC

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

UNDERSTORY LLC

Borrower Address

8000 AVALON BLVD suite 400

Borrower City

ALPHARETTA

Borrower State

GA

Borrower Zip

30009-2464

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2849593.00

Current Approval Amount

491300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALPHARETTA

Project County Name

FULTON

Project State

GA

Project Zip

30009-2464

CD

GA-06

Jobs Reported

22

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

491300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

495353.23

Forgiveness Date

02/19/2021

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