PPP Loan information for Posana inc

$434,406

Posana inc was initially approved for PPP Loan of amount $434,406, the current approved amount is $434,406. The loan was approved on 01/31/2021 by The Valley National Bank reported 40 jobs and $434,406 was used to fund payroll.

Posana inc is Existing or more than 2 years old

PPP Loan Search / NC / Asheville / Posana inc

POSANA INC

Date Approved

01/31/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

POSANA INC

Borrower Address

1 Biltmore Ave

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28801-3603

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

434406.00

Current Approval Amount

434406.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28801-3603

CD

NC-11

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

434401.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

437772.65

Forgiveness Date

11/16/2021

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