PPP Loan information for Appling boring co. inc

$355,026

Appling boring co. inc was initially approved for PPP Loan of amount $355,026, the current approved amount is $355,026. The loan was approved on 02/23/2021 by The Truist Bank reported 32 jobs and $355,026 was used to fund payroll.

Appling boring co. inc is Existing or more than 2 years old

APPLING BORING CO. INC

Date Approved

02/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

APPLING BORING CO. INC

Borrower Address

426 Baxter Cemetery Rd

Borrower City

Forest City

Borrower State

NC

Borrower Zip

28043-8654

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

355026.28

Current Approval Amount

355026.28

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Forest City

Project County Name

RUTHERFORD

Project State

NC

Project Zip

28043-8654

CD

NC-10

Jobs Reported

32

NAICS Code

237120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

355026.28

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

357590.36

Forgiveness Date

11/19/2021

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