PPP Loan information for Bassett industries, inc.

$556,900

Bassett industries, inc. was initially approved for PPP Loan of amount $556,900, the current approved amount is $556,900. The loan was approved on 04/11/2020 by The Truist Bank reported 55 jobs and $556,900 was used to fund payroll.

Bassett industries, inc. is Existing or more than 2 years old

PPP Loan Search / PA / POTTSTOWN / Bassett industries, inc.

BASSETT INDUSTRIES, INC.

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BASSETT INDUSTRIES, INC.

Borrower Address

2119 SANATOGA STATION RD

Borrower City

POTTSTOWN

Borrower State

PA

Borrower Zip

19464-3275

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

556900.00

Current Approval Amount

556900.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POTTSTOWN

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19464-3275

CD

PA-04

Jobs Reported

55

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

556900.00

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

560720.95

Forgiveness Date

12/31/2020

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