PPP Loan information for Carolina timberworks, llc

$182,000

Carolina timberworks, llc was initially approved for PPP Loan of amount $179,300, the current approved amount is $182,000. The loan was approved on 04/08/2020 by The Truist Bank reported 12 jobs and $182,000 was used to fund payroll.

Carolina timberworks, llc is Existing or more than 2 years old

PPP Loan Search / NC / WEST JEFFERSON / Carolina timberworks, llc

CAROLINA TIMBERWORKS, LLC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAROLINA TIMBERWORKS, LLC

Borrower Address

210 INDUSTRIAL PARK WAY

Borrower City

WEST JEFFERSON

Borrower State

NC

Borrower Zip

28694-7641

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179300.00

Current Approval Amount

182000.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST JEFFERSON

Project County Name

ASHE

Project State

NC

Project Zip

28694-7641

CD

NC-05

Jobs Reported

12

NAICS Code

321213

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

182000.00

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

183319.50

Forgiveness Date

01/07/2021

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