PPP Loan information for Association for research and enlightenment

$675,700

Association for research and enlightenment was initially approved for PPP Loan of amount $675,700, the current approved amount is $675,700. The loan was approved on 04/30/2020 by The Truist Bank reported 70 jobs and $675,700 was used to fund payroll.

Association for research and enlightenment is Existing or more than 2 years old

ASSOCIATION FOR RESEARCH AND ENLIGHTENMENT

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ASSOCIATION FOR RESEARCH AND ENLIGHTENMENT

Borrower Address

215 67th Street

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23451

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

675700.00

Current Approval Amount

675700.00

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

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-0001

CD

VA-02

Jobs Reported

70

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

675700.00

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

681950.22

Forgiveness Date

04/12/2021

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