PPP Loan information for The financial risk group

$876,200

The financial risk group was initially approved for PPP Loan of amount $876,200, the current approved amount is $876,200. The loan was approved on 04/29/2020 by The Truist Bank reported 56 jobs and $876,200 was used to fund payroll.

The financial risk group is Existing or more than 2 years old

THE FINANCIAL RISK GROUP

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE FINANCIAL RISK GROUP

Borrower Address

264 W Chatham St

Borrower City

Cary

Borrower State

NC

Borrower Zip

27511

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

876200.00

Current Approval Amount

876200.00

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

Cary

Project County Name

WAKE

Project State

NC

Project Zip

27511-0022

CD

NC-02

Jobs Reported

56

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

876200.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

883623.36

Forgiveness Date

03/10/2021

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