PPP Loan information for Borla performance industries,

$3,006,000

Borla performance industries, was initially approved for PPP Loan of amount $3,006,000, the current approved amount is $3,006,000. The loan was approved on 04/09/2020 by The Truist Bank reported 296 jobs and $3,006,000 was used to fund payroll.

Borla performance industries, is Existing or more than 2 years old

PPP Loan Search / TN / JOHNSON CITY / Borla performance industries,

BORLA PERFORMANCE INDUSTRIES,

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BORLA PERFORMANCE INDUSTRIES,

Borrower Address

500 BORLA DR

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37604-7541

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3006000.00

Current Approval Amount

3006000.00

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

JOHNSON CITY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37604-7541

CD

TN-01

Jobs Reported

296

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3006000.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3043575.00

Forgiveness Date

07/16/2021

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