PPP Loan information for Carolina industrial products, inc.

$682,599

Carolina industrial products, inc. was initially approved for PPP Loan of amount $682,599, the current approved amount is $682,599. The loan was approved on 04/29/2020 by The First Bank reported 53 jobs and $682,599 was used to fund payroll.

Carolina industrial products, inc. is Existing or more than 2 years old

PPP Loan Search / SC / LEXINGTON / Carolina industrial products, inc.

CAROLINA INDUSTRIAL PRODUCTS, INC.

Date Approved

04/29/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

CAROLINA INDUSTRIAL PRODUCTS, INC.

Borrower Address

139 INDUSTRIAL DR

Borrower City

LEXINGTON

Borrower State

SC

Borrower Zip

29072-3723

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

682598.67

Current Approval Amount

682598.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

LEXINGTON

Project State

SC

Project Zip

29072-3723

CD

SC-02

Jobs Reported

53

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22801.17

Payroll Proceed

574794.16

Mortgage Interest Proceed

0.00

Rent Proceed

85003.34

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

687274.00

Forgiveness Date

01/12/2021

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