PPP Loan information for Applied felts, inc.

$1,715,200

Applied felts, inc. was initially approved for PPP Loan of amount $1,715,200, the current approved amount is $1,715,200. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 100 jobs and $1,715,200 was used to fund payroll.

Applied felts, inc. is Existing or more than 2 years old

APPLIED FELTS, INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

APPLIED FELTS, INC.

Borrower Address

450 College Drive

Borrower City

MARTINSVILLE

Borrower State

VA

Borrower Zip

24112-3638

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1715200.00

Current Approval Amount

1715200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARTINSVILLE

Project County Name

HENRY

Project State

VA

Project Zip

24112-3638

CD

VA-09

Jobs Reported

100

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1715200.00

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

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1737286.14

Forgiveness Date

08/02/2021

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