PPP Loan information for Carolina insulation contractors, inc

$362,400

Carolina insulation contractors, inc was initially approved for PPP Loan of amount $362,400, the current approved amount is $362,400. The loan was approved on 04/07/2020 by The Carolina Bank & Trust Co. reported 48 jobs and $362,400 was used to fund payroll.

Carolina insulation contractors, inc is Existing or more than 2 years old

CAROLINA INSULATION CONTRACTORS, INC

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

CAROLINA INSULATION CONTRACTORS, INC

Borrower Address

1416 FLOYD CIR

Borrower City

FLORENCE

Borrower State

SC

Borrower Zip

29501-6219

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362400.00

Current Approval Amount

362400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66176

Servicing Lender Name

Carolina Bank & Trust Co.

Servicing Lender Address

112 Main St

Servicing Lender City

LAMAR

Servicing Lender State

SC

Servicing Lender Zip

29069

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

FLORENCE

Project State

SC

Project Zip

29501-6219

CD

SC-07

Jobs Reported

48

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

359000.00

Mortgage Interest Proceed

2400.00

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

66176

Originating Lender

Carolina Bank & Trust Co.

Originating Lender City

LAMAR

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

367205.52

Forgiveness Date

08/16/2021

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