PPP Loan information for Resource exchange association, inc

$146,300

Resource exchange association, inc was initially approved for PPP Loan of amount $146,300, the current approved amount is $146,300. The loan was approved on 04/30/2020 by The American National Bank and Trust Company reported 22 jobs and $146,300 was used to fund payroll.

Resource exchange association, inc is Existing or more than 2 years old

RESOURCE EXCHANGE ASSOCIATION, INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RESOURCE EXCHANGE ASSOCIATION, INC

Borrower Address

930 Oakley Street

Borrower City

GRAHAM

Borrower State

NC

Borrower Zip

27253

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146300.00

Current Approval Amount

146300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAHAM

Project County Name

ALAMANCE

Project State

NC

Project Zip

27253-0001

CD

NC-04

Jobs Reported

22

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

146300.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

147588.25

Forgiveness Date

03/18/2021

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