PPP Loan information for American carpet outlet inc.

$40,000

American carpet outlet inc. was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 03/24/2021 by The Truist Bank reported 2 jobs and $40,000 was used to fund payroll.

American carpet outlet inc. is Existing or more than 2 years old

PPP Loan Search / MD / Beltsville / American carpet outlet inc.

AMERICAN CARPET OUTLET INC.

Date Approved

03/24/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

AMERICAN CARPET OUTLET INC.

Borrower Address

10304 Southard Dr

Borrower City

Beltsville

Borrower State

MD

Borrower Zip

20705-2107

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

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

Beltsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-2107

CD

MD-04

Jobs Reported

2

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39997.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40455.56

Forgiveness Date

05/16/2022

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