PPP Loan information for 1618 downtown, inc.

$107,962

1618 downtown, inc. was initially approved for PPP Loan of amount $107,962, the current approved amount is $107,962. The loan was approved on 04/11/2020 by The Triad Business Bank reported 28 jobs and $107,962 was used to fund payroll.

1618 downtown, inc. is Existing or more than 2 years old

1618 DOWNTOWN, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

1618 DOWNTOWN, INC.

Borrower Address

312 S. ELM ST

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27401-2645

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107961.75

Current Approval Amount

107961.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27401-2645

CD

NC-06

Jobs Reported

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

107961.75

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

Subchapter S Corporation

Originating Lender Location Id

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109014.38

Forgiveness Date

04/08/2021

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