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

PPP Loan Search / GA / Canton / 5x5 factoring llc

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

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