PPP Loan information for 5x5 factoring llc
$320,833
5x5 factoring llc was initially approved for PPP Loan of amount $320,833, the current approved amount is $320,833. The loan was approved on 03/25/2021 by The Truist Bank reported 18 jobs and $320,833 was used to fund payroll.
5x5 factoring llc is Existing or more than 2 years old
5X5 FACTORING LLC
Date Approved
03/25/2021
SBA Office Code
0405
Processing Method
PPP
Borrower Name
5X5 FACTORING LLC
Borrower Address
109 Farm Valley Dr
Borrower City
Canton
Borrower State
GA
Borrower Zip
30115-6486
Loan Status Date
11/15/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
320833.00
Current Approval Amount
320833.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Canton
Project County Name
CHEROKEE
Project State
GA
Project Zip
30115-6486
CD
GA-06
Jobs Reported
18
NAICS Code
541613
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
320829.00
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
Sole Proprietorship
Originating Lender Location Id
225134
Originating Lender
Truist Bank
Originating Lender City
CHARLOTTE
Originating Lender State
NC
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
325939.59
Forgiveness Date
10/26/2022