PPP Loan information for Participate, inc.

$515,300

Participate, inc. was initially approved for PPP Loan of amount $515,300, the current approved amount is $515,300. The loan was approved on 04/08/2020 by The Truist Bank reported 33 jobs and $515,300 was used to fund payroll.

Participate, inc. is New Business or 2 years or less

PARTICIPATE, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PARTICIPATE, INC.

Borrower Address

201 SAGE RD, Suite 100

Borrower City

CHAPEL HILL

Borrower State

NC

Borrower Zip

27514-6510

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

515300.00

Current Approval Amount

515300.00

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

New Business or 2 years or less

Project City

CHAPEL HILL

Project County Name

ORANGE

Project State

NC

Project Zip

27514-6510

CD

NC-04

Jobs Reported

33

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

515300.00

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

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

519937.70

Forgiveness Date

03/11/2021

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