PPP Loan information for Avid solutions inc.

$1,576,920

Avid solutions inc. was initially approved for PPP Loan of amount $1,576,920, the current approved amount is $1,576,920. The loan was approved on 02/19/2021 by The Truist Bank reported 70 jobs and $1,576,920 was used to fund payroll.

Avid solutions inc. is Existing or more than 2 years old

PPP Loan Search / NC / Winston Salem / Avid solutions inc.

AVID SOLUTIONS INC.

Date Approved

02/19/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

AVID SOLUTIONS INC.

Borrower Address

2975 Cole Rd

Borrower City

Winston Salem

Borrower State

NC

Borrower Zip

27107-4511

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1576920.00

Current Approval Amount

1576920.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Winston Salem

Project County Name

FORSYTH

Project State

NC

Project Zip

27107-4511

CD

NC-05

Jobs Reported

70

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1576918.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1591112.28

Forgiveness Date

01/13/2022

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