PPP Loan information for 508 inc

$288,001

508 inc was initially approved for PPP Loan of amount $288,001, the current approved amount is $288,001. The loan was approved on 01/25/2021 by The American National Bank and Trust Company reported 28 jobs and $288,001 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

01/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

508 INC

Borrower Address

508 S Elam Ave

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27403-1411

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

288001.00

Current Approval Amount

288001.00

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

27403-1411

CD

NC-06

Jobs Reported

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

287996.00

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

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

289865.01

Forgiveness Date

09/20/2021

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