PPP Loan information for 1618 downtown inc.

$151,146

1618 downtown inc. was initially approved for PPP Loan of amount $151,146, the current approved amount is $151,146. The loan was approved on 01/29/2021 by The Triad Business Bank reported 28 jobs and $151,146 was used to fund payroll.

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

1618 DOWNTOWN INC.

Date Approved

01/29/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

1618 DOWNTOWN INC.

Borrower Address

1618 W Friendly Ave Ste B

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27403-1209

Loan Status Date

01/31/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

151146.45

Current Approval Amount

151146.45

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

N

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

27403-1209

CD

NC-06

Jobs Reported

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

151141.45

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

153291.89

Forgiveness Date

07/05/2022

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