PPP Loan information for Area i, inc.

$737,300

Area i, inc. was initially approved for PPP Loan of amount $737,300, the current approved amount is $737,300. The loan was approved on 04/13/2020 by The Truist Bank reported 53 jobs and $737,300 was used to fund payroll.

Area i, inc. is Existing or more than 2 years old

AREA I, INC.

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AREA I, INC.

Borrower Address

1590 N Roberts Rd NW, Suite 102

Borrower City

KENNESAW

Borrower State

GA

Borrower Zip

30144-3628

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

737300.00

Current Approval Amount

737300.00

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

KENNESAW

Project County Name

COBB

Project State

GA

Project Zip

30144-3628

CD

GA-11

Jobs Reported

53

NAICS Code

334511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

737300.00

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

Subchapter S Corporation

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

744632.04

Forgiveness Date

04/15/2021

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