PPP Loan information for Open arms, inc.

$165,159

Open arms, inc. was initially approved for PPP Loan of amount $165,159, the current approved amount is $165,159. The loan was approved on 06/26/2020 by The Truist Bank reported 37 jobs and $165,159 was used to fund payroll.

Open arms, inc. is Existing or more than 2 years old

OPEN ARMS, INC.

Date Approved

06/26/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

OPEN ARMS, INC.

Borrower Address

420 Pine Ave.

Borrower City

Albany

Borrower State

GA

Borrower Zip

31701

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

165159.00

Current Approval Amount

165159.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

DOUGHERTY

Project State

GA

Project Zip

31701-0001

CD

GA-02

Jobs Reported

37

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165159.00

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

166347.23

Forgiveness Date

04/08/2021

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