PPP Loan information for Banner welding & machine works inc

$97,100

Banner welding & machine works inc was initially approved for PPP Loan of amount $97,100, the current approved amount is $97,100. The loan was approved on 04/14/2020 by The United Community Bank reported 12 jobs and $97,100 was used to fund payroll.

Banner welding & machine works inc is Existing or more than 2 years old

PPP Loan Search / NC / FOUR OAKS / Banner welding & machine works inc

BANNER WELDING & MACHINE WORKS INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BANNER WELDING & MACHINE WORKS INC

Borrower Address

8010 Stricklands Crossroads Rd

Borrower City

FOUR OAKS

Borrower State

NC

Borrower Zip

27524

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97100.00

Current Approval Amount

97100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOUR OAKS

Project County Name

JOHNSTON

Project State

NC

Project Zip

27524-0001

CD

NC-13

Jobs Reported

12

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97100.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

97640.04

Forgiveness Date

11/17/2020

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