PPP Loan information for The fold inc

$28,715

The fold inc was initially approved for PPP Loan of amount $28,715, the current approved amount is $28,715. The loan was approved on 03/05/2021 by The Community National Bank reported 5 jobs and $28,715 was used to fund payroll.

The fold inc is Existing or more than 2 years old

THE FOLD INC

Date Approved

03/05/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

THE FOLD INC

Borrower Address

142 Cornerstone Lane

Borrower City

Lyndonville

Borrower State

VT

Borrower Zip

05851

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28715.00

Current Approval Amount

28715.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72972

Servicing Lender Name

Community National Bank

Servicing Lender Address

4811 US Rte 5

Servicing Lender City

DERBY

Servicing Lender State

VT

Servicing Lender Zip

05829

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lyndonville

Project County Name

CALEDONIA

Project State

VT

Project Zip

05851

CD

VT-

Jobs Reported

5

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28713.00

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

72972

Originating Lender

Community National Bank

Originating Lender City

DERBY

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

28857.39

Forgiveness Date

09/09/2021

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