PPP Loan information for 508 inc

$205,700

508 inc was initially approved for PPP Loan of amount $205,700, the current approved amount is $205,700. The loan was approved on 04/10/2020 by The American National Bank and Trust Company reported 41 jobs and $205,700 was used to fund payroll.

508 inc is Existing or more than 2 years old

PPP Loan Search / NC / GREENSBORO / 508 inc

508 INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

508 INC

Borrower Address

2200 Walker Avenue

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27403-2152

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

205700.00

Current Approval Amount

205700.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27403-2152

CD

NC-06

Jobs Reported

41

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4114.00

Payroll Proceed

191301.00

Mortgage Interest Proceed

10285.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

174386.54

Forgiveness Date

04/22/2021

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