PPP Loan information for Banner elk sports inc

$100,340

Banner elk sports inc was initially approved for PPP Loan of amount $100,340, the current approved amount is $100,340. The loan was approved on 04/28/2020 by The Truist Bank reported 10 jobs and $100,340 was used to fund payroll.

Banner elk sports inc is Existing or more than 2 years old

BANNER ELK SPORTS INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BANNER ELK SPORTS INC

Borrower Address

3149 Tynecastle Hwy

Borrower City

Banner Elk

Borrower State

NC

Borrower Zip

28604

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100340.00

Current Approval Amount

100340.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Banner Elk

Project County Name

AVERY

Project State

NC

Project Zip

28604-0001

CD

NC-05

Jobs Reported

10

NAICS Code

451110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100340.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

101257.00

Forgiveness Date

04/01/2021

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